On June 3rd, PSU MOIL Limited clocked a 7% surge in the production of manganese ore to 3.05 lakh tonne (LT) during April-May 2024. It had produced 2.84 LT manganese ore during the year-ago period, MOIL said in a statement. The cumulative sale was 3.3 LT, up 32% over 2.5 LT in the year-ago period.
During April-May 2024, the company conducted an exploratory core drilling of 18,609 metres, 26% higher than 14,770 metres a year earlier. MOIL, under the Ministry of Steel, meets about 46% of the dioxide ore requirement in the country. The average annual production of manganese ore is around 1.3 million tonnes.
