STOCKWATCH
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Industrial Minerals
Business Update3 Jan 2024, 12:51 am

MOIL Registers Record Monthly Production in Dec'23 31% Growth

AI Summary

MOIL Limited has achieved a record monthly production of manganese ore in December 2023, with a growth of 31% over the same period last year. The company has also registered a remarkable growth of 41% in the current financial year, with sales of 11.01 lakh MT of manganese ore. The company has been focusing on exploration and has carried out core drilling of 60,870 meters in the first nine months of FY24, more than double the amount in the same period last year.,

Key Highlights

  • Record monthly production of manganese ore in December 2023 with 31% growth
  • Remarkable growth of 41% in the current financial year
  • Increased focus on exploration with core drilling of 60,870 meters in the first nine months of FY24
MOIL
Industrial Minerals
MOIL LTD.

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