Iron Ore Procurement Head (Kolkata)

Iron Ore Procurement Head (Kolkata)

Job Description
Head – Iron Ore Procurement (Captive Mining & Merchant Sourcing)
Location: Kolkata (Head Office)
Reporting To: Director Raw Material
Role Purpose
To lead and optimize iron ore procurement through a captive mining–linked sourcing model , supplemented by merchant miner sourcing , ensuring uninterrupted supply of ~20,000 TPD for integrated steel plants while maximizing cost efficiency, grade optimization, and regulatory compliance.
Key Responsibilities
Captive Mining–Linked Procurement
Drive iron ore sourcing strategy aligned with captive mine production planning and plant demand.
Coordinate closely with mining operations, geology, and dispatch teams to align ROM availability, grade control, and evacuation plans.
Optimize mine-to-plant integration , ensuring minimal dependency on spot purchases.
Merchant Miner & Long-Term Tie-Ups
Establish and manage long-term sourcing arrangements with merchant miners to bridge captive shortfalls.
Negotiate supply contracts covering volume commitments, grade assurance, pricing mechanism, and dispatch schedules.
Develop multi-source merchant portfolio to mitigate operational and regulatory risks.
Volume & Grade Management
Ensure daily procurement of ~20,000 TPD iron ore with appropriate grade blending to meet BF/DRI/steel plant requirements.
Oversee ore quality, sizing, and consistency in coordination with plant metallurgy and QA teams.
Commercial & Cost Leadership
Control landed cost through optimized pricing structures, royalty impact assessment, logistics planning, and contract discipline.
Monitor mining cost economics, merchant pricing trends, and regulatory changes impacting ore availability.
Drive cost reduction through captive yield improvement,



dispatch efficiency, and blending optimization.
Logistics & Evacuation Interface
Plan evacuation from captive mines via rail, road, and slurry/alternative modes (where applicable) .
Coordinate with logistics teams to reduce demurrage, transit losses, and turnaround time.
Ensure adequate inventory buffers at plants without blocking working capital.
Compliance & Risk Governance
Ensure full compliance with mining lease conditions, dispatch permits, environmental norms, and statutory requirements .
Proactively manage risks related to mine disruptions, regulatory changes, and merchant supply volatility.
Leadership & Stakeholder Management
Lead a senior procurement team across mines, HO, and plant locations.
Act as key interface with mining, operations, finance, logistics, and top management .
Build governance frameworks, KRAs, and MIS for captive + merchant sourcing performance.

Candidate Profile
Education
BE / B.Tech (Mining / Metallurgy preferred) or MBA with strong mining exposure.
Experience
20+ years in iron ore procurement and captive mine integration for large integrated steel plants .
Hands-on experience in captive mine planning, merchant miner contracts, and large-volume evacuation .
Proven capability in managing high daily volumes (~20,000 TPD) with operational discipline.
Core Competencies
Captive mine economics & dispatch optimization
Merchant miner negotiations & long-term sourcing
Grade blending & plant suitability
Robust leadership, commercial acumen, and crisis handling

Role Impact
This role is critical in protecting plant uptime, cost competitiveness, and raw material security through a robust captive-first sourcing strategy supported by disciplined merchant procurement.

📌 Iron Ore Procurement Head (Kolkata)
🏢 SHYAM METALICS AND ENERGY
📍 Kolkata