AI-generated · cited to primary sources · not investment advice
MOIL (533286) Mar 2024 Filing Analysis
How durable is the business?
MOIL achieved its highest ever production of 17.56 lakh tonnes, a 35% increase, significantly expanding its operational scale to meet the National Steel Policy's long-term demand projections. (5 expanding)
“Your Company has achieved highest ever production of manganese ore since its inception at 17.56 lakhs tonnes, 34.87% higher than FY’23.”
MOIL is expanding its value-addition capabilities, specifically targeting the EV battery market through R&D in Nanostructured Lithium Manganese Oxide (LMO) for Li-Ion batteries. (1 expanding)
“In collaboration with leading research institutions, we are advancing Nanostructured Lithium Manganese Oxide (LMO) for use in Li-Ion Batteries. This initiative supports the renewable energy sector.”
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