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MOIL registers 31% growth in manganese ore production in December

03 Jan 2024 Evaluate

MOIL has achieved best ever monthly production of Manganese (Mn) ore and registered production of 1.85 lakh MT in December, 2023, which is 31% higher y-o-y. In the current FY upto December, 2023 also, the company has registered a remarkable growth of 41% y-o-y, with production of 12.73 lakh MT of manganese ore. On the sales front too, the company continued to scale impressive growth of 40% during first nine months of FY24 with sales of 11.01 lakh MT of manganese ore. 

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).


MOIL Share Price

327.60 1.05 (0.32%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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