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KIOCL TO EXPORT PELLET CHIPS TO CHINA
New Delhi - August 27, 2002

The Kudremukh Iron Ore Company Ltd. (KIOCL) - a public sector undertaking of the Ministry of Steel has produced 1.235 million tonnes of concentrate and 0.949 million tonnes of pellets during the first quarter of this fiscal . It has despatched by ship 5.8 lakh tonnes of concentrates and 9.24 lakh tonnes of pellets during this period. It has also concluded a new contract with M/s. Femery Resources Ltd. of China for supply of 1.5 lakh tonnes of concentrate 6 lakh tonnes of pellets and 0.3 lakh tonnes of pellet chips during the current financial year. Baosteel one of the leaders in trading iron ore concentrate in China has signed a contract of purchase of iron ore concentrates.

Press Release by: PIB - DS:BS:27.8.02

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