(THE NEWSMAN OF INDIA.COM)
MOIL has recorded production of 1.47 lakh tonnes of Manganese Ore in October,2024, which is its best ever October month production since inception, higher by 32% in comparison to corresponding period last year (CPLY). During first seven months of FY’25, the company has recorded production of 10.17 lakh tonnes, which is higher by 10% over CPLY. On the sales front also, the company has achieved best ever October sales of 1.06 lakh tonnes, higher by 21% over CPLY. During first seven months of FY25, the company has registered sales of 8.57 lakh tonnes, surpassing the sales of last year during the same period.Continuing utmost thrust to exploration, MOIL has carried out exploratory core drilling of 57,071 meters during April-October, 2024, which is 1.4 times over CPLY. Ajit Kumar Saxena, CMD MOIL, mentioned that it is encouraging that the upward trend in production during first seven months has been maintained. He further mentioned that MOIL team is geared up to register yet another impressive performance in the current financial year.