MOIL Limited, the state-owned manganese ore producer, reported a 4.5 percent year-on-year increase in manganese ore production, reaching 13.3 lakh tonnes during the April-December period of the current fiscal year. The government, in a statement released on Friday, highlighted that the sale of manganese ore also saw a 4 percent rise, totaling 11.39 lakh tonnes in the same period.
According to the Ministry of Steel, the company’s performance reflects consistent growth, with both production and sales surpassing the corresponding figures from the previous year. “MOIL has registered production of 13.3 lakh tonnes of manganese ore, which is 4.5 percent higher, and the sale of 11.39 lakh tonnes, which is 4 percent higher than the corresponding period of the last year,” the statement read.
Ajit Kumar Saxena, Chairman & Managing Director (CMD) of MOIL, expressed confidence that the company would continue to maintain this growth momentum in the coming months.
In addition to strong production and sales numbers, MOIL has also made significant progress in its exploratory core drilling, which reached 72,340 meters, a 19 percent increase compared to the same period last year.
MOIL operates both underground and opencast mines in the Nagpur and Bhandara districts of Maharashtra, as well as the Balaghat district of Madhya Pradesh. The company produces and sells a variety of manganese ore grades, contributing significantly to the region’s mining industry.
