Kudremukh Iron Ore Company
Kudremukh Iron Ore Company in Mangalore is a popular producer iron ore and iron pellets
All the activities related to the administrative sector of Kudremukh Iron Ore Company Limited are dealt with from the city of Bangalore while the actual activity of mining is carried out at Kudremukh in the Western Ghats. The ore that is mined is then transported by the use of pipelines that run through the districts of Dakshina Kannada and Udupi up the main plant located in Panambur just contiguous to the New Mangalore Port in the city of Mangalore. The ore is further pelletised in pelletisation plant. The pellets are then exported to several countries like Iran, Taiwan, Japan and China by the use of ships. Pellet plant of the Kudremukh Iron Ore Company Limited is based at Mangalore and it was established in the year 1987. Initially the capacity of the plant was 3 million tonnes every year which has now increased to 4 million tonnes every year.
The lease for mining was offered to Kudremukh Iron Ore Company Limited for a period of twenty five years which was considered to come to an end by December 2001. However, the lease was extended and further stopped completely in December 2005 and at present the entire plant runs on the ores that are supplied by the National Mineral Development Corporation Limited or NMDC.
Know More About Kudremukh Iron Ore Company LimitedKudremukh Iron Ore Company Limited is an enterprise that is entirely owned by the Government of India and it was mainly established for the development of plant and mine facilities for the production of 7.5 million tonnes of concentrate every year. The plant and mine facilities came into being in the year 1980 and the very first delivery of concentrate was done in October 1981. The pelletisation plant of the company came into being in the year 1987 and it was aimed towards the production of blast furnace of high quality and even the production of reduction grade of pellets for the purpose of exports. Kudremukh is a place that possesses wild beauty and is very famous for its possession of the largest deposit of iron ore across the world.
The trade of iron ore has become very competitive and in this era of competition, Kudremukh Iron Ore Company Limited has been very successful in establishing itself as one of the most reliable suppliers of concentrates of iron ore and pellets of iron oxide to discerning customers internationally. Kudremukh Iron Ore Company Limited exports its produce to Japan, China, Taiwan and Iran internationally and at the same time the company also manages the domestic market like the Jindal Vijayanagar Steel Limited, Ispat Industries and Vikram Ispat.
Objectives of Kudremukh Iron Ore Company LimitedThe main objectives of Kudremukh Iron Ore Company Limited have been listed below:
- Development through diversification and expansion
- Exploring new segments and markets
- Being competitive through reduction in cost and change in various processes
- Open new options for business
Kudremukh Iron Ore Company Limited (A Govt. of India Enterprise)
Address: Panambur, Mangalore-575010, Karnataka, India
Telephone: 2407304, Telegram: Kudreore