Runaya, a metals startup founded by brothers Annanya and Naivedya Agarwal, recently announced the commencement of its aluminium dross processing and refining unit in Jharsuguda in Odisha.
“Through this pioneering technology, which ensures 100% utilization of waste, Runaya’s new facility at Odisha is disrupting the resources industry – currently even the best practices in the industry can only process 50% of waste,” said Annanya Agarwal, Co-Founder & CEO, of Runaya.
The facility is said to provide end-to-end green and sustainable solutions for the recovery of aluminium from dross and processing residual waste to manufacture steel slag conditioners. The steel slag conditioner briquettes have found wide acceptance in steel refining and helped the steel industry in reducing costs and improving productivity, thus contributing to the manufacture of more sustainable and greener steel.
Annanya and Naivedya are the sons of Navin Agarwal, the brother of Vedanta chairman Anil Agarwal. Their sustainability solutions business includes processing dross, a hazardous furnace waste generated in the production of aluminium.
Odisha’s chief minister, Naveen Patnaik has inaugurated the opening ceremony of this unit.
“We have always endeavoured to provide a hassle-free and smooth business environment for the investors in Odisha. I congratulate everyone on this auspicious occasion and assure continued facilitation and support from the state government,” CM Patnaik said.
The aluminium dross processing and refining plant in Odisha, with a capacity to process 30,000 tonnes of aluminium dross per annum, comprehensively addresses one of the biggest challenges faced by the aluminium industry, that relates to handling, evacuation, processing and disposal of hazardous dross in an environmentally friendly manner, the company said.
“Runaya has implemented an innovative and sustainable model to eliminate waste and recover metal through a patented cutting-edge technology to process the mining waste and maximize metal recovery,” the company’s media statement said.
In an earlier interaction, Agarwal said that Runaya is setting up an innovation centre at Jharsuguda in Odisha to identify more waste materials in the metals and energy sector to process.
It is also planning to set up a minor metals recovery complex to recover metals such as cadmium, copper dross, copper matte which are found in the mining chain of zinc, copper and silver. This is expected to be commissioned in March 2022.
The company is in talks with top aluminium companies such as Hindalco and National Aluminium Company to set up dross processing facilities.
"Globally there are around a million tonnes of dross processed every year and around 100,000 tonnes of dross are generated in India, and we process just around 30,000-35,000 tonnes. We still have a lot of scopes to grow," Annanya Agarwal said.
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