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This story is from January 25, 2009
Iron ore firm changes name
Kudremukh Iron Ore Company Ltd has changed its name to KIOCL Ltd with effect from January 22. The firm will sell under the brand `Kudremukh'.
"We changed the name to reflect its current activities. We plan to set up a steel plant soon. This will enable us to bargain for mining lease in Karnataka," company chairman and managing director K Ranganath said on Saturday.
The firm has acquired mining lease at Chikkanayakanahalli in Tumkur.
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