Owais Metal And Mineral Processing Limited — Important, 26-12-2024: General Updates

Owais Metal and Mineral Processing Limited has commenced commercial production of new Automatic Charcoal Production machines at its facilities in Madhya Pradesh and Rajasthan. This modernization not only automates charcoal manufacturing but also dramatically reduces the production cycle from six days to just one day. With the current annual capacity of 10,800 tons, the addition of these new machines will enhance total capacity to 34,800 tons per year, incorporating an additional 24,000 tons. This expansion is expected to significantly improve operational efficiency and output, potentially strengthening the company's market position. Stakeholders are encouraged to watch closely for further positive developments as the company enhances its capabilities.