Indian manganese miner MOIL sees 22% turnover increase in 2021-22

Tuesday, 05 April 2022 10:46:38 (GMT+3)   |   Kolkata

Indian government-run manganese ore miner MOIL Limited, which accounts for 50 percent of domestic supply of manganese ore, has reported a sales turnover of INR 14.3 billion ($190 million) for the fiscal year 2021-22, up 22 percent year on year, a ministry of steel statement said on Tuesday, April 5.

MOIL reported manganese ore production of 1.23 million mt for the fiscal year 2021-22, up eight percent year on year.

MOIL, managed under the ministry of steel, operates 11 of the country’s largest manganese mines.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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