|₹319 / ₹123|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Kudremukh Iron Ore Company Limited (KIOCL) is a Miniratna Government of India Enterprise having its Head Office in Bangalore; it has Pelletisation and Pig Iron plant units in Mangalore. The Company was established in 1976 as 100% Export Oriented Unit to develop the mine and plant facilities. The Company is primarily engaged in the business of Iron Ore Mining, Benefication and Production of high quality Pellets. The mine and plant facilities were commissioned in 1980 and the first shipment of concentrate was made in October 1981. The outstanding feature of Kudremukh ore is its low alumna, sulphur, phosphorous, vanadium and other deleterious elements. A pelletisation plant with a capacity of 3 million tonnes per year was commissioned in 1987 for production of high quality blast furnace and direct reduction grade pellets for export. A 110 km road through ghats was built, and a slurry pipeline to Mangalore port was completed. KIOCL delivered the project on time, within the estimated cost of US$630 million.