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MOIL reports 7 pc growth in production; sales jump 32 pc in Apr-May

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New Delhi, Jun 3 (PTI) State-owned MOIL on Monday posted a 7 per cent rise in manganese ore production to 3.05 lakh tonne (LT) during April-May 2024.

It had produced 2.84 LT manganese ore during the year-ago period, MOIL said in a statement.

The cumulative sale was 3.3 LT, up 32 per cent over 2.5 LT in the year-ago period.

During April-May 2024, the company conducted an exploratory core drilling of 18,609 metres, 26 per cent higher than 14,770 metres a year earlier.

MOIL, under the Ministry of Steel, meets about 46 per cent of the dioxide ore requirement in the country. At present, the average annual production of manganese ore is around 1.3 million tonne. PTI ABI TRB

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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