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KIOCL Ltd (formerly Kudremukh Iron Ore Company Ltd) is planning to use its pellet plant and blast furnace unit in Mangaluru under the ‘Make in India’ programme.
Quoting Malay Chatterjee, Chairman-cum-Managing Director of KIOCL, a press release said here on Thursday that the company is inviting expressions of interest from international firms, buyers, and mine owners to bring iron ore fines to India and use KIOCL’s pellet plant for converting the ore into pellets and export the same.
KIOCL can convert imported ore or concentrate into pellets and supply back to the customers. Chatterjee said the company is already in advanced dialogue with Iran for concretising this programme.
KIOCL had set up a pellet plant capacity of 3.5 million tonnes a year and pig iron plant of 2.16 lakh tonnes a year in Mangaluru. The release said these plants are strategically located on the west coast of India with proximity to Gulf and Iranian markets where steel production is growing.
Rakesh Singh, Secretary, Ministry of Steel, released the brochure of the ‘Make in India’ programme of the company in New Delhi on Thursday. Malay Chatterjee and N Vidyananda, Director (Production and Projects) of the company, were present on the occasion, the release said.
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