KIOCL Limited, formerly Kudremukh Iron Ore Company Limited, is a central public sector undertaking under the ownership of the Ministry of Steel, Government of India, with its head office and administrative activities in Bangalore.

[3] It has a pelletisation plant in Mangalore and an iron ore mine in Kudremukh (Chikkamagaluru district).

The mined ore was transported 110 km through slurry pipelines running through the districts of Udupi and Dakshina Kannada up to the pelletisation plant in Panambur,[3] adjacent to the premises of the New Mangalore Port.

[3] The plant was stopped in 2011 but in 2014, it resumed producing and exporting pellets, running on ores supplied by NMDC Limited.

[5][2] In 2016, KIOCL planned to develop a commercial resort in the Kudremukh National Park, refurbishing some of its unused buildings since the closure of the mine.