MOIL’s production of Manganese ore jumped to 8.15 lakh MT in the first half of FY24, registering a growth of 45% over corresponding period last year (CPLY). Production of 1.35 lakh MT in September month is best ever production for any September month since inception.
On sales front also, best ever 6-monthly performance of 7.57 lakh MT has been registered during April-September 2023, with a remarkable growth of 54% percent over CPLY. Sales of 1.56 lakh MT in September, 2023 has also been impressive, with a growth of 60% y-o-y.
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).
