- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Owais Metal & Mineral Processing Limited has commenced commercial production of several rare earth elements, namely Tantalum Pentoxide, Niobium Pentoxide, Titanium Dioxide, and Tin, utilizing proprietary technology developed by their team. This initiative positions the company as a leader in the recovery of rare earth elements from mining waste, which is vital for industries such as electronics and advanced technologies.
For the nine months ending December 2024, the company reported an estimated total revenue of ₹150.15 crore, marking a remarkable growth of 279.94% compared to the same period in the previous financial year. The company’s current order book stands at approximately ₹151.41 crore, with commitments expected to be fulfilled by February 2025, including various processing and manufacturing projects. This expansion and increased workload should further bolster Owais Metal's financial performance and market positioning. Investors should watch closely for continued positive developments as the company advances its strategic goals in the rare earth elements sector.
All announcements from Owais Metal And Mineral Processing Limited