Manganese Ore India (MOIL), country's largest manganese miner has received its board’s approval for project of sinking of high speed vertical shaft at its Balaghat Mine. The production is expected to increase from 450,000 tonnes per annum to 800,000 tonnes per annum, through the project. The production is expected to increase gradually from the year 2015-16.
The company’s board has also approved its project of deepening of vertical shaft at Chikla Mine to sustain the present capacity of 80,000 tonnes per annum. The project is to be completed in the year 2015-16.
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). The company is actively involved in exploration and development activities with a view to increase its proven manganese ore reserves.
