August 16,
Kudremukh Iron ore Company Ltd (KIOCL) has urged the Karnataka Government to allocate Iron ore mine for the company’s steel plant at Mangalore in Karnataka.
While submitting a memorandum to Mr Yeddyurappa, the company’s Chairman and Managing Director, Mr K. Ranganath, said that KIOCL does not have any Iron ore mine to feed its value-addition plant at Mangalore and as a result, the operation of the plant at Mangalore is becoming unviable.
Replying to this, Mr Yeddyurappa said that the existing steel companies in the State and those companies that have signed MoUs to invest in steel will not face any problem for their requirements.
However, the Government will not allow illegal mining, and the export of such ore from the State.
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