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MOIL registers 71% growth in manganese ore production in July

02 Aug 2023 Evaluate

MOIL has achieved best manganese ore production of 1.20 lakh tonnes in July 2023, registering a remarkable growth of 71 percent over corresponding period last year (CPLY). On sales front also, the company has achieved best-ever July sales of 0.94 lakh tonnes in July 2023, registering an impressive growth of 69% over CPLY. 

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 421.15
NMDC 80.20
Ashapura Minechem 521.75
Sandur Manganese 182.35
GMDC 544.00
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