The production of iron ore pellets at KIOCL’s Mangaluru plant has crossed 1 million tonne (mt) in the first six months of 2017-18. According to a company press release, the production of pellet has crossed 1 million tonnes in the first half of 2017-18 with a sale of 1.125 million tonne of pellet during the period. This is against a sale of 0.16 million tonne in the first six months of 2016-17. The company has achieved this milestone after a gap of five years, the release said. According to MV Subba Rao, CMD (additional charge) of KIOCL Ltd, there is substantial increase in the production and sale of pellet due to supportive pricing environment, efficiency in production, and swift decision making in exploiting market opportunity in KIOCL.