Company Profile
Shivom Minerals Ltd. (SML) was founded on May 31, 1999, as a subsidiary of Shiva Cement Ltd., a prominent cement manufacturing company. On February 22, 2007, it became an independent entity when its promoters acquired full ownership, marking its transition to a standalone company. Initially, SML concentrated on trading cement, steel, cement raw materials, and coal. In 2006, it expanded into iron ore beneficiation by acquiring the facilities of Padmavati Ispat Minerals Pvt. Ltd. (PIMPL), located in Kusumdihi, Koira in Sundargarh District, Odisha, where its promoters held a substantial stake. Following this acquisition, in 2007, PIMPL merged with SML, allowing the company to invest in advanced infrastructure aimed at improving product quality and reducing waste. This shift in focus spurred SML’s transition toward beneficiation, prompting its rebranding as Shivom Minerals Ltd. on February 22, 2007, to reflect the company's new direction.
As the first “Merchant Iron Ore Beneficiation Plant” in eastern India, SML has led the way in adopting advanced beneficiation processes to transform sub-grade iron ore into high-grade material suitable for steelmaking. SML’s flagship product, Sized Iron Ore or Calibrated Lump Ore (CLO), serves as an essential raw material for sponge iron and steel plants. Additionally, the company produces iron ore fines as a by-product. Initially, the domestic market for these fines was limited, leading SML to focus on exports, primarily to China. However, with the expansion of India’s steel industry, demand for iron ore fines has grown, especially among Iron Ore Pelletizing Units that use fines to produce pellets, an effective alternative to sized iron ore for steel manufacturing.
Over the years, SML has continually modernized its facilities, investing in advanced technology and process improvements to meet strict quality and environmental standards. This modernization ensures operational efficiency and a steady supply of premium materials for its clients. As a trusted partner to both domestic and international customers, SML continues to trade in iron ore, coal, and sponge iron, providing a comprehensive solution to its clients in the steel industry.