After remaining shut for the past two weeks, Indian state-run KIOCL Limited has restarted its 3 million mt per year capacity pellet plant at Mangalore in southern India, a company regulatory filing said on Wednesday, November 8.
The company had closed down the plant earlier citing a shortage of iron ore fines and poor demand.
The company has been periodically shutting down the plant, halting operations on June 7, resuming on August 12, only to shut it down again last month.
In fact, just before re-opening the plant on November 8, KIOCL floated an export tender on November 6 offering 50,000 mt of high-grade pellets with Fe content 63 percent and silica-alumina content of eight percent.
Since the plant had been shut, the export offer volume was from the existing inventory of the pellet producer.