The firm has proposed to install a Beneficiation and Magnetic Plant at Kothambi, Goa under the EOU scheme of Government of India, keeping in view the growing demand for Iron Ore in the international market, and attractive price realisation which can be safely explored.

The proposed plant envisages up-gradation of the available wasteful Iron Ore Tailings and mineral waste having very very low Fe, which are neither exportable nor have any domestic application and produce exportable variety of Iron Ore Concentrates having higher Fe by adopting the process of benefication and magnetic seperation.