KIOCL pel­let out­put crosses 2 mtpa

India Business Journal - - NEWS ROUND-UP -

Pel­let pro­duc­tion of KIOCL, a Cen­tral pub­lic sec­tor un­der­tak­ing, has sur­passed 2 mtpa. The com­pany, which man­u­fac­tures and sells high­qual­ity iron ox­ide pel­lets, has pro­duced 2.32 mt of pel­lets and despatched 2.30 mt against the MoU tar­get of 1.925 mt un­der ex­cel­lent cat­e­gory. For the first time, KIOCL has ex­ported 1.45 mt of pel­lets with bought-out ore and also en­tered the mar­kets of Ja­pan and South Korea. The com­pany has pro­cessed dif­fer­ent types of ores and tuned the pel­let plant to process any type of ore made avail­able for pro­duc­tion.

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