MOIL Limited produced 0.12 mnt of manganese ore in August 2024, bringing total output to 7.24 lakh tonnes from April to August 2024, a 7% y-o-y increase. Despite market challenges, sales remained steady at 5.92 lakh tonnes, while revenue grew by 11% y-o-y. Exploration activities also surged, with 46,585 metres drilled — 1.6 times more than last year.
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