MOIL Limited achieves record sales and production in Q2 2024

MOIL Limited achieves record sales and production in Q2 2024

MOIL Limited, a state-owned Miniratna company known for its manganese ore mining operations, has reported unprecedented growth in its sales for the quarter ending June 2024. The company, headquartered in Nagpur, India, achieved a 14.5% year-over-year increase in sales, marking its best performance for a quarterly period to date. The significant sales boost coincided with […]

MOIL Limited achieves record-breaking financial performance in FY’24

MOIL Limited achieves record-breaking financial performance in FY’24

MOIL Limited, a state-owned manganese-ore mining company and Miniratna enterprise, headquartered in Nagpur, India, has registered an exceptional performance for the fiscal year ended March 31, 2024. Under the leadership of Ajit Kumar Saxena, Chairman and Managing Director (CMD), the company has posted historic highs in production, sales, and profitability, reflecting robust growth and strategic […]

MOIL Limited sets new record in manganese ore production in December 2023

MOIL Limited sets new record in manganese ore production in December 2023

MOIL Limited, a Miniratna state-owned manganese ore mining company in India, has achieved a significant milestone with a record production of manganese ore. In December 2023, the company reported an impressive production of 1.85 lakh metric tons (MT), marking a 31% year-over-year increase. This achievement demonstrates MOIL’s continued commitment to enhancing its mining operations and […]

MOIL reports 43% increase in production and 52% in sales from April to November

MOIL reports 43% increase in production and 52% in sales from April to November

MOIL Limited, an Indian state-owned manganese ore mining company, has reported a substantial 35% year-over-year increase in manganese (Mn) ore production for November 2023. The mining company’s production reached 1.62 lakh metric tonnes (MT) during the month, continuing its streak of impressive performance. Strong Growth Throughout the Fiscal Year The company has demonstrated remarkable growth […]

MOIL Limited gets environment clearance for Gumgaon and Khodegaon mine

MOIL Limited gets environment clearance for Gumgaon and Khodegaon mine

MOIL Limited, a government of India enterprise, has secured environment clearance for Gumgaon and Khodegaon manganese underground mine from the Maharashtra government. According to MOIL Limited, the Maharashtra government has reserved an area of 814.71 Ha. in its favor for the prospecting of manganese ore in the districts of Nagpur and Bhandara. The Nagpur-based miniratna […]