New Delhi (Business Correspondent): The Miniratna company under the Ministry of Steel, Manganese Ore (India) Limited (MOIL) has achieved its highest-ever January production and sales in FY 2025, demonstrating strong operational performance.
Key highlights of MOIL’s January 2025 performance include:
- Best-ever January manganese ore production of 1.6 lakh tonnes.
- Best-ever January sales of 1.57 lakh tonnes, reflecting a 17% increase over the corresponding period last year (CPLY).
- Exploratory core drilling of 11,099 meters, 10% higher than CPLY.
Additionally, during the April–January 2025 period also, best ever performance for this period has been recorded:
- Total production of 14.9 lakh tonnes, higher by 4% over CPLY.
- Total sales of 12.96 lakh tonnes, an increase of 5% over CPLY.
- Exploratory core drilling of 83,439 meters, 17.6 % higher than CPLY.
Ajit Kumar Saxena, CMD, appreciated team MOIL for their sustained efforts, which have led to this outstanding achievement. He expressed confidence that the company will embark on a higher growth trajectory in the coming year.