Bhubaneswar: Indian Rare Earths Limited (IREL), a Central Public Sector Undertaking (CPSU), under the Department of Atomic Energy (DAE), and Ust-Kamenogorsk Titanium and Magnesium Plant JSC, (UKTMP JSC) Kazakhstan have signed an agreement to establish Indo-Kazakh joint venture company (JVC) – ‘IREUK Titanium Limited’ in Read for production of Titanium slag.
The agreement was signed by IREL chairman and managing director Deependra Singh, and UKTMP JSC president Assem Mamutova, in presence of Atomic Energy Commission secretary DAE and chairman AK Mohanty and Republic of Kazakhstan Industry and Construction Vice Minister Iran Sharkhan, Akim of East Kazakhstan Yermek Kosherbayev and Ambassador to India Nurlan Zhalgasbayev. Speaking on the occasion, Mohanty lauded the efforts of IREL (India) limited and mentioned that the new joint venture IREUK Titanium Limited, that is being established in the platinum jubilee year of DAE, will pave the way for Atmanirbhar Bharat in the field of Titanium slag production in the country.
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