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12 Apr
17:09

KIOCL beats annual pellet output target

India’s Kudremukh Iron Ore Company (KIOCL) has beaten its production target in its latest financial year, the company says in a stock exchange posting monitored by Kallanish. KIOCL has reported iron ore pellet output of 2.24 million tonnes in the fiscal year through March 2019 (FY19) versus an initial target of 2.17mt. This compared with iron ore pellet sales of 2.3mt in FY18 versus an initial target of 1.93mt. The pellet plant has an annual capacity of 3.…
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