Home Mangaluru KIOCL pellet production up to 2.37 million tonnes

KIOCL pellet production up to 2.37 million tonnes

Chilkur temple archaka petitions President

Pellet production of KIOCL Ltd. increased to 2.37 million tonnes during 2019-20 as against 2.23 million tonnes in 2018-19, recording a growth of 6.12 %.

Export of pellets from the company stood at 1.99 million tonnes during 2019-20. This is the highest quantity exported since the closure of the captive mine of the company at Kudremukh at the end of 2005, according to a release by the company.

The total export of the company stood at 84 % of production, and it shot up by 31 % year-on-year basis.

The company reached the markets of Brazil, West Asia, China and Europe. This facilitated in improving the overall performance of the company, it said.

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Source Name – The Hindu