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Moil reports 10% rise in its core production during FY15

20 Apr 2015 Evaluate

Moil has registered a growth of 9.90% in its core production during F.Y. 2014-15. The Company has recorded core production (i.e. ferro and silico grade of manganese ore, excluding fines) at 9.77 lakh tonnes during F.Y. 2014-15 in comparison to 8.89 lakh tonnes during F.Y. 2013-14.

MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).

Peers
Company Name CMP
Coal India 410.80
NMDC 71.88
Ashapura Minechem 484.90
Sandur Manganese 178.55
GMDC 479.80
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