KIOCL halts production at Mangalore, India plant; shares fell 5%. -October 26, 2023 at 08:41

KIOCL Limited is an India based company. The company is mainly engaged in iron ore extraction, enrichment and production of high quality pellets. The company has diversified into operations and maintenance (O&M) services and mineral exploration across its various areas of expertise. Products include iron ore pellets and pig iron castings. Its services are engaged in operation and maintenance projects, which continue with the operation and maintenance of the processing and pellet plant in Donimalai, the operation and maintenance of the chromium ore processing plant (COB) in Kaliapani and mineral exploration work. The company’s pellets have been used in steel mill blast furnaces in Australia, China, Japan, Taiwan, Turkey and many other countries. The pellets are also used in steel mills in Hungary, Yugoslavia, the United States, West Germany, Poland, Czechoslovakia, India and some direct reduction plants in India.

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