Skip to main content

MoneyWorks4Me

MOIL gets environmental clearance for capacity expansion of Gumgaon Mine

30 Jan 2020 Evaluate

MOIL has received Environmental Clearance for enhancement of production capacity from 90,000 TPA to 2,03,200 TPA. The production will increase gradually. MOIL is operating underground manganese ore mine at Gumgaon in Nagpur District of Maharashtra. Total lease area of the mine is 85.896 hectare.

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 393.50
NMDC 67.66
Ashapura Minechem 427.65
Sandur Manganese 168.00
GMDC 438.85
View more..