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MOIL registers 7% rise in manganese ore production in April- September

08 Oct 2024 Evaluate

With best ever manganese ore production of 1.46 lakh tonnes in September, 2024, MOIL continued its growth momentum. The company has achieved manganese ore production of 8.70 lakh tonne during first six months of the current financial year (April to September 2024), registering a growth of 7% over corresponding period last year.

The company has also achieved Best September sales of 1.59 lakh tonnes in September, 2024. Sales of 7.51 lakh tonnes during April-September 2024, is almost at the same level as that during corresponding period last year, despite challenging market conditions. Giving utmost thrust to exploration, MOIL has carried out exploratory core drilling of 50,222 meters upto September, 2024 which is 1.4 times than the previous year.   

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

322.35 1.30 (0.40%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 443.10
NMDC 88.45
GMDC 689.50
Sandur Manganese 212.40
MOIL 322.35
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