KIOCLs Pellet Production Surpasses 2MTPA

Bengaluru: KIOCL Limited, a CPSU and a pioneer in Iron Ore Mining, Beneficiation and Pelletization Technology, engaged in the business of manufacture and sale of high-quality Iron Oxide Pellets has recorded robust turnaround after a span of a decade.

 

Shri MV Subba Rao, CMD, KIOCL Said that the company has produced 2.32 million tons of pellets and dispatched 2.30 million tons against the MOU target of 1.925 million tons under the excellent category.  Further, he stated that for the first time with bought out ore we have exported 1.45 million ton and also entered into markets of Japan, South Korea etc. The Company has processed different types of ores and tuned the Pellet Plant to process any type of ore made available for production.

 

While congratulating all the employees for achieving the above success, he gave credit to them for their team spirit, dedication, hard work with which company could achieve this goal. He also said about the Company’s endeavour to continuously explore opportunities to create new epicentres of growth. The primary focus should be to create new fountainheads of value creation while continuing to expand the existing flanks of value creation 

 

Further, he stated that due to efficiency in production, swift decision making in exploiting market opportunity and implementing the “Make in India” concept, KIOCL has achieved this feat.