Runaya, one of India’s fastest growing manufacturing start-ups, has announced the inauguration of its aluminium dross processing and refining unit, the first such facility in India. Set up in
Jharsuguda’s Vedanta Aluminium premises, the facility provides end-to-end green and sustainable solution for recovery of aluminium from dross and processing residual waste to manufacture steel slag conditioners.
The unit was inaugurated in virtual mode by Chief Minister Naveen Patnaik on Friday. Among others, Vedanta CEO CN Singh was present.
Aluminium dross is a byproduct of the aluminium smelting process and typically ends up in the landfill with no comprehensive solution for its disposal till now. It is estimated that the world produces about 65 million tonnes of aluminium per annum currently, which results in about 1 MT of aluminium dross being produced every year. In India alone, this figure stands at about 60,000 MT.
Runaya CEO Annanya Agarwal said, “Runaya aims to replace the linear economy model that the industry is currently following to pave the way for a circular economy model that is restorative. This pioneering technology ensures 100% utilisation of waste. Currently, even the best practices in the industry can only process 50% of waste. Runaya’s breakthrough approach delivers significant positive impact for the mining and metals industry.”