New Delhi: With a production of 1.26 lakh tonnes of manganese (MN) ore in January- 2023, MOIL has recorded best ever January production since the inception, which is 7.7 per cent higher than the same period last year. The sale at 1.32 lakh tonnes of MN ore during January, 2023 was higher by 31 per cent vis-à-vis January-2022.
Ajit Kumar Saxena, CMD, MOIL, stated that MOIL’s performance has been showing an upward trend in the last few months and the company is geared up for improved performance in FY '23. MOIL Limited is a Schedule-A, Miniratna Category-I CPSE under the administrative control of the Ministry of Steel, Government of India.
MOIL is the largest producer of manganese ore in the country, contributing approximately 45 per cent of the domestic production. It operates eleven mines in the state of Maharashtra and Madhya Pradesh. The company has an ambitious vision of more than doubling its production to 3 million tonnes by 2030. It is also exploring business opportunities in Gujarat, Rajasthan, Chhattisgarh and Odisha, besides other areas in Madhya Pradesh. /BI/
