MOIL recorded best ever July production in 2023
   Date :03-Aug-2023

MOIL 
 
 
Business Bureau
DESPITE the challenge of heavy rainfall, MOIL has been able to maintain its production tempo and achieved its highest-ever July production since inception in July 2023. With manganese ore production of 1.20 lakh tonne during July, 2023, a remarkable growth of 71% has been registered compared to corresponding period last year (CPLY). On salesfront also, MOIL has achieved best-ever July sales of 0.94 lakh tonnes in July 2023, registering an impressive growth of 69 per cent over CPLY.
 
CMD, Ajit Kumar Saxena, once again congratulated MOIL collective for their achievements and expressed happiness over the sustained efforts being made to enhance production resulting in best July performance, despite adverse weather conditions. About MOIL: MOIL Limited is a Schedule-A, Miniratna Category-I CPSE under the administrative control of Ministry of Steel. MOIL is the largest producer of manganese ore in the country, contributing 45% of domestic production. It operates 10 mines in Maharashtra and Madhya Pradesh. The company has ambitious vision of more than doubling its production to 3.50 million tonnes by 2030.