<p>“JSPL will be introducing the HIsmelt technology for the first time in the world other than a pilot plant commissioned in Australia,” the company said.<br /><br />HIsmelt, short for high-intensity smelting, is the world’s first commercial direct smelting process for making iron straight from the ore and is fully owned by Rio Tinto.<br /><br />As per the MoU, Rio Tinto’s Kwinana HIsmelt plant from Australia will also be relocated to JSPL’s steel plant in Angul in Orissa, the company added.</p>
<p>“JSPL will be introducing the HIsmelt technology for the first time in the world other than a pilot plant commissioned in Australia,” the company said.<br /><br />HIsmelt, short for high-intensity smelting, is the world’s first commercial direct smelting process for making iron straight from the ore and is fully owned by Rio Tinto.<br /><br />As per the MoU, Rio Tinto’s Kwinana HIsmelt plant from Australia will also be relocated to JSPL’s steel plant in Angul in Orissa, the company added.</p>