MOIL has achieved a historic milestone in FY’25, delivering its best-ever financial performance and setting new records across key operational areas. The company’s outstanding achievements in manganese ore production, sales, and ferro manganese output reflect not only strong market demand but also the dedication and relentless efforts of its workforce.
With manganese ore production reaching an all-time high of 18.02 lakh tonnes, MOIL surpassed last year’s figures by 2.7%, reinforcing its position as a leading player in the industry. Sales of manganese ore also reached a record-breaking 15.87 lakh tonnes, reflecting a 3.3% growth compared to the previous financial year. Additionally, ferro manganese production saw an impressive surge, touching 12,000 metric tonnes—an 18% increase year-over-year.
The company also made remarkable progress in exploratory core drilling, covering 1,07,530 meters, which represents a 22% increase over the corresponding period last year. This extensive exploration effort is expected to pave the way for expanding production capacity in existing mines and facilitating the development of new manganese reserves across India. Such initiatives not only strengthen MOIL’s future growth prospects but also contribute to the nation’s resource security.
Shri Ajit Kumar Saxena, Chairman and Managing Director of MOIL, lauded the unwavering dedication of the company’s workforce in achieving these extraordinary results. He expressed confidence that the momentum gained this year would continue, driving even greater progress in the coming years. His words resonated with the commitment and perseverance of employees who have worked tirelessly to achieve these milestones.
MOIL’s record-breaking performance is a testament to strategic planning, operational efficiency, and the collective efforts of its employees. As the company looks ahead, it remains focused on innovation, expansion, and contributing to India’s industrial growth, ensuring that it continues to break new ground in the years to come.
