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Old September 16th, 2017, 03:05 PM
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Default KIOCL History

Hi buddy I want to know history of Kudremukh Iron Ore Company (KIOCL) ,as I want to do invest in its share , so would you plz tell me about the same??
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  #2  
Old September 16th, 2017, 03:35 PM
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Default Re: KIOCL History

Kudremukh Iron Ore Company Ltd (KIOCL), a wholly owned Government of India Enterprise, was established in April 2, 1976.

KIOCL is Asia's largest iron ore mining and pelletisation complex and the country's biggest 100% export oriented unit engaged in the business of exporting high quality iron oxide pellets and pig iron.

The name of the company has changed from Kudremukhore to KIOCL ltd from January 22,2009.


Headquartered at Bangalore with the Company's mining and beneficiation facilities located at Kudremukh and iron oxide pelletisation complex and Pig Iron unit at the well connected coastal city of Mangalore in Karnataka.

The 3.5 million–tonne capacity Pellet Plant complex comprises of the Filter Plant, Wet grinding mills, mechanised shiploading unit, 28–mw captive power plant, Roll Press, Pelletisation discs, Furnace etc.,

KIOCL company profile:

Type PSU

Industry Mining

Founded 1976

Headquarters Mangalore, India

Key people Malay Chatterjee Chairman and MD

Products Iron ore concentrates and iron oxide pellets

Revenue INR 3.637 billion (2006-07)
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