KIOCL Limited, formerly Kudremukh Iron Ore Company Limited Overview
Pro stress-test →KIOCL is a central public sector undertaking under the ownership of the Ministry of Steel, Government of India, with its head office in Bangalore. The company is primarily engaged in the business of Iron Ore Mining, Beneficiation and Production of high quality Pellets. KIOCL operates a 3.5 MTPA Iron-oxide Pellet Plant and a Blast Furnace Unit to manufacture 2.16 lakh tonnes per annum Pig iron at Mangaluru, Karnataka.
Strategic Profile
Pro stress-test →KIOCL is recognized as a Mini Ratna Category I PSU and is certified with ISO9001:2015, ISO14001:2015, and ISO45001:2018. The company's role as a Notified Exploration Agency (NEA) has expanded with national recognition, successfully executing mineral exploration assignments across multiple states including projects on critical and strategic minerals like copper, gold, graphite, and rare earth elements.
Competitive Landscape
Pro stress-test →KIOCL's peers in the Metals & Mining sector include Coal India, NMDC, Lloyds Metals, Bharat Coking, GMDC, and Sandur Manganese. KIOCL competes as a government-backed PSU focused on iron ore pelletisation and beneficiation, with an advantage in captive facilities and logistics infrastructure in Mangaluru.
Industry Context
KIOCL Limited, formerly Kudremukh Iron Ore Company Limited operates in Iron Ore Mining, Beneficiation & Pelletisation / Metals & Mining.
Key facts
Founded: 1976 · Headquarters: Bangalore, India · Employees: Not available · Revenue: Not available · Market cap: ₹20,467 Cr (~$2.46B USD)