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MOIL registers record production in December 2022

02 Jan 2023 Evaluate

MOIL has registered best production of 141,321 tonnes in December 2022. The company has broken multi-year record. Producing at its rated capacity level, production increase has been to an extent of 18% over November 2022. Sales at 1,64,235 tonnes for the month has also been spectacular, with a growth of around 91% over November 2022.

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 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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