MOIL Limited has exhibited an exemplary production and sales performance for September 2024, marking a significant milestone in the company’s ongoing growth trajectory. Despite the inherent complexities and adverse conditions of the manganese ore industry, MOIL, a government-owned enterprise, achieved a 7% year-over-year increase in production during the first six months of the current fiscal […]
MOIL Limited, India’s leading manganese ore producer, has achieved its highest-ever production in August 2024, reaching 1.24 lakh tonnes. This achievement marks a significant milestone for the state-owned company as it continues to expand its production capabilities despite challenging market conditions marked by international price volatility and global economic uncertainties. Sustained Growth in Challenging Market […]
MOIL, a miniratna state-owned manganese ore mining company headquartered in Nagpur, India, has set a new benchmark in its sales performance by achieving a record 2.15 lakh tonnes of manganese ore sales in May 2024. This impressive figure surpasses the previous record of 1.83 lakh tonnes set in December 2019, representing a significant 41% growth […]
In an unprecedented achievement, MOIL has announced its best-ever production figures for any financial year since the company’s inception, reaching a landmark 17.56 lakh tonnes. This represents a substantial 35% year-over-year growth, surpassing the previous record of 13.64 lakh tonnes set in the financial year 2007-08 by 29%. Such remarkable progress is a testament to […]
In an unprecedented achievement, MOIL has reported its highest-ever manganese ore production for the month of February, reaching 1.51 lakh tonnes, marking a 15% year-on-year increase. This milestone is part of a broader trend of remarkable growth for the company, with production hitting 15.84 lakh tonnes up to February 2024, a 37% year-on-year increase. This […]
In a stunning display of growth and innovation, MOIL, the largest producer of manganese ore in India, has achieved its best ever quarterly manganese ore production, reaching 4.36 lakh MT in Q1 of FY’24! This reflects an incredible 36% growth over the corresponding period last year (CPLY). It’s not just production; sales have skyrocketed too, […]