29
Sep
10:59
KIOCL suspends pellet production on iron ore shortage
Indian state-run pellet producer KIOCL says it has suspended its pellet plant operation in Mangalore amid iron ore fines shortages, as well as to carry out maintenance activities, Kallanish notes.
“We shall keep the stock exchanges informed as soon as production at the plant resumes,” the pellet producer adds.
The company previously suspended its operations for around 30 days amid raw materials shortages in August.
KIOCL has a 3.5 million tonnes/year…
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