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India's KIOCL signs iron ore pellet supply agreement with Glencore

28 Oct 2021 15:03 reported by Joy Liu

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It was reported that Indian state-owned iron ore exporter KIOCL signed a non-binding memorandum of understanding (MoU) with Glencore International AG (GIAG) to supply iron ore pellets to Glencore this Monday (October 25). This MoU will be valid for one year.

Therefore, due to KIOCL’s supply, Glencore will further sell iron ore pellets to South Korea, Europe, and non-Chinese markets.

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