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05 Jun

MOIL’s production rises, revises some June-delivery quotes

Manganese Ore India (MOIL)’s manganese ore production surged 43% on-year to 153,000 tonnes in May, while sales soared 72% to 153,000t, Kallanish notes. According to MOIL, the company also achieved its best-ever monthly production of electrolytic manganese dioxide (EMD) in May. EMD is a 100% import substitution product, used mostly for pharmaceuticals and the manufacturing of batteries. The company’s ferromanganese plant was also recommissioned for pro…
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Sayed Aameer  |  India
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