In a remarkable milestone,
MOIL has reported its highest-ever production figures for the month of February 2025. Demonstrating impressive operational strength, the company produced
1.53 lakh tonnes of manganese (Mn) ore, setting a new benchmark for future performance.
Record Exploratory Core Drilling Activity
February 2025 also saw MOIL achieving its highest-ever exploratory core drilling, with a total of
11,455 meters drilled. This marks an exceptional increase of
43% compared to the corresponding period last year (CPLY), highlighting MOIL’s robust growth strategy and focus on resource expansion.
Consistent Sales Growth from April 2024 to February 2025
Reflecting continued market strength, MOIL’s manganese ore sales between April 2024 and February 2025 reached
14.32 lakh tonnes, an increase of
3% compared to the same period last year. Furthermore, exploratory core drilling in this 11-month timeframe totaled
94,894 meters, representing a notable increase of
20% over CPLY.
Leadership Commends Team Effort
Appreciating the collective effort behind these achievements,
Shri Ajit Kumar Saxena, Chairman and Managing Director of MOIL, praised the team’s dedication. He acknowledged their contribution to setting these outstanding records and expressed strong optimism regarding the company's future performance and higher growth potential.