MOIL ore production grows 45% to 9.26 lakh tonne in Apr-Oct 2023 
News Updates

MOIL ore production grows 45% to 9.26 lakh tonne in Apr-Oct 2023

MOIL Limited on Friday posted a 45 percent rise in manganese ore production to 9.26 Lakh Tonne (LT) during the April-October period of 2023

PTI

New Delhi: Steel PSU MOIL Limited on Friday posted a 45 percent rise in manganese ore production to 9.26 Lakh Tonne (LT) during the April-October period of 2023.

It had produced 6.38 LT manganese ore during the year-ago period, MOIL said in a statement.

During the period under review, the company conducted an exploratory core drilling to 41,837 metres, 2.7 times higher than 15,460 metres in the same period last year.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

MOIL, under the Ministry of Steel, meets about 46 per cent of the total requirement of dioxide ore in the country. At present, the average annual production is around 1.3 million tonnes.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

NTPC celebrates 50th Raising Day, marking five decades of powering India’s Growth

Power Minister reviews power sector scenario of Haryana, Chandigarh

Rajasthan Govt signs MoUs worth Rs 63,463 crore in mines and petroleum sector

RBI includes spot deals to expand forex reporting requirements

SCI Q2 net profit jumps multi-fold to Rs 291.44 crore