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MOIL commences production at Parsoda Manganese Mine

26 Mar 2019 Evaluate

MOIL has commenced mine development activities and production (float ore) from new manganese ore mine at Parsoda, 46 kms from Nagpur.  

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 421.90
NMDC 80.35
Ashapura Minechem 514.00
Sandur Manganese 180.10
GMDC 544.20
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