DRI Plant definition

DRI Plant means a plant on the Plant Site which uses low temperature pyrometallurgical processes to convert iron ore into metallic iron and has a nominal output of at least one million tonnes per annum of direct reduced iron, together with ancillary facilities necessary for the operation of the DRI Plant, which ancillary facilities may include facilities for stockpiling, reclaiming or storage of iron ore, beneficiated iron ore and direct reduced iron, and facilities for conveyance of inputs including water, gas, electricity and feedstock to and outputs including water, direct reduced iron and by products from the DRI Plant;
DRI Plant means a facility for the production of direct reduced iron and co-generation power.

Examples of DRI Plant in a sentence

  • Subject to such consultation, either party may, at any time before the commissioning of the DRI Plant is commenced, for reasons the subject of such consultation, determine this Agreement by notice to the other, whereupon this Agreement shall determine and neither the State nor the Company shall have any claim against the other of them with respect to any matter or thing arising out of, done, performed or omitted to be done or performed under this Agreement.

  • If at any time after commissioning of the DRI Plant is commenced the Company is of the opinion that the continuing operation of the DRI Plant is uneconomic to the Company it may give notice to the Minister of its desire to determine this Agreement.

  • If at any time after commissioning of the DRI ▇▇▇▇▇ is commenced the Company is of the opinion that the continuing operation of the DRI Plant is uneconomic to the Company it may give notice to the Minister of its desire to determine this Agreement.