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KIOCL enters into pact with SAIL

31 Jan 2019 Evaluate

KIOCL has entered into an agreement with Steel Authority of India (SAIL) to set up a pellet plant.

Earlier, in December 2018, KIOCL had said it was planning to sign a memorandum of understanding (MoU) with SAIL to set up a pellet plant under a joint venture (JV).

KIOCL is Asia's largest iron ore mining and pelletisation complex and the country's biggest 100% export oriented unit engaged in the business of exporting high quality iron oxide pellets and pig iron.

Peers
Company Name CMP
Coal India 416.90
NMDC 71.70
Ashapura Minechem 465.30
Sandur Manganese 175.10
GMDC 471.00
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