KIOCL
TO EXPORT PELLET CHIPS TO CHINA
The Kudremukh Iron Ore
Company Ltd. (KIOCL), a public sector undertaking of the Ministry
of Steel has produced 1.235 million tonnes of concentrate and
0.949 million tonnes of pellets during the first quarter of this
fiscal . It has despatched by ship 5.8 lakh tonnes of concentrates
and 9.24 lakh tonnes of pellets during this period. It has also
concluded a new contract with M/s. Femery Resources Ltd. of China
for supply of 1.5 lakh tonnes of concentrate, 6 lakh tonnes of
pellets and 0.3 lakh tonnes of pellet chips during the current
financial year. Baosteel, one of the leaders in trading iron ore
concentrate in China has signed a contract of purchase of iron
ore concentrates.
