Page 57 - TCE Annual Report 2024-2025

Overview Leadership Messages Governance Strategic Insights Business Review People & Community

The non-ferrous sector is equally buoyant, with MMBU has successfully demonstrated simultaneous
aluminium and copper continuing to underpin energy beneficiation of hematite and magnetite, helping
transition and industrial expansion. The global non- clients maximise resource recovery while minimising
ferrous metals market is expected to touch USD 1.23 environmental impact. A strong sustainability
trillion by FY26, driven by strong demand from electric orientation underpins all these services. From designing
vehicles, renewable energy systems, electronics, and integrated scrap recycling facilities to creating advanced
infrastructure development. India’s non-ferrous metals tailings storage and reuse systems, the unit works to
industry is projected to grow at nearly six per cent CAGR align client operations with evolving regulatory norms,
between 2025 and 2031, supported by government global standards, and broader societal expectations.
policies that prioritise self-reliance in critical materials
and promote recycling and circular economy initiatives. Business Performance and Capabilities
Macroeconomic factors also remain highly influential. The Mining and Metallurgy Business Unit has
Commitments to net zero, the shift to hydrogen-enabled demonstrated strong performance and resilience in
steelmaking, rising electrification of transport and industrial FY25, building on its established leadership in both
processes, and the growing emphasis on recycled metals ferrous and non-ferrous sectors. On the domestic
are reshaping industry priorities. Policy support in the front, MMBU played a pivotal role in advancing large-
form of green mandates, sustainability-linked financing, scale projects across the aluminium, copper, and steel
and incentives for clean technologies is accelerating this industries. Roughly 40 per cent of the unit’s project
transformation. For engineering consultants like Tata acquisitions during the year came from India, focused
Consulting Engineers (TCE), these trends create significant on downstream expansion, asset optimisation, and
opportunities to help design the plants, processes, and greenfield developments.
solutions that will power a greener and more competitive Internationally, MMBU has broadened its footprint
future for the mining and metallurgy sector. through strategic project wins in Europe, North America,

Key Areas of Expertise and Asia-Pacific, which together contributed nearly 60
per cent of the total project acquisition value. These
MMBU at TCE brings integrated engineering expertise global assignments range from designing integrated
across the entire ferrous and non-ferrous spectrum, green steel plants to providing sustainability-linked
spanning process development, project engineering, solutions for international clients. They also demonstrate
and sustainability-linked solutions.
growing demand for TCE’s engineering expertise in
In the ferrous space, the team has developed strong delivering hydrogen-ready plants, recycling solutions,
BF-BOF capabilities across all major production routes, and low-carbon metallurgy processes. The business
including conventional DRI with Electric Arc Furnaces unit’s delivery model remains highly flexible, with the
(EAF), DRI with refining, and hydrogen-based DRI capability to operate in both EPCM and Owner’s Engineer
technologies. MMBU also supports the production of and Project Consultant (OEPC™) roles, supported by a
speciality steels, including electric-grade and defence- DEC and onsite–offshore delivery approach. With robust
grade variants. Our engineering services are designed to engineering centres, a strong ecosystem of partners,
improve energy efficiency, reduce emissions, and embed and digital integration across projects, MMBU continues
sustainability into both new facilities and retrofitted plants. to deliver projects that meet demanding technical
requirements and stringent sustainability goals while
In the non-ferrous space, In the non-ferrous space,
MMBU delivers solutions across the aluminium, copper, managing complexity across geographies.
zinc, and lead value chains, covering refining, smelting, Key Initiatives
downstream processing, and material handling. The
business has strong expertise in aluminium and copper MMBU has pursued several strategic initiatives this year
scrap recycling, enabling clients to adopt greener and to reinforce its leadership and position the business for
more circular production processes. future growth.
• Advancing the Green Transition: The unit has
In beneficiation, TCE engineers deliver cutting-edge
solutions for low-grade ore processing, optimised been at the forefront of designing and engineering
recovery, and tailings management. Our designs are large-scale green steel facilities, both in India and
benchmarked against the Global Industry Standard on internationally. These projects deepen MMBU’s
Tailings Management (GISTM 2020) and aligned with technological expertise in hydrogen-based
global best practices for safety and environmental production and reinforce its role as a trusted partner
stewardship, ensuring zero liquid discharge (ZLD). for clients looking to decarbonise operations.

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