India: MOIL achieves 15% growth in manganese ore sales in Q1FY'25
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MOIL (Manganese Ore India Ltd), India's leading manganese ore miner, has reported strong sales numbers for the first quarter of fiscal year 2024-2025 (Q1FY'25). The company logged an increase of 14.5% in manganese ore sales which reached 437,000 tonnes (t).
The PSU miner's total production of manganese ore also showed robust growth of 7.8% to climb to 470,000 t during April-June 2024 compared to the corresponding period of last year.
MOIL's achievement underscores its sustained focus on operational efficiency. The company has an ambitious vision of almost doubling its production to 3 million tonnes (mnt) by 2030.