MOIL Limited has recorded its second highest production since inception, registering 6% growth over the previous year record with the production of 13.02 lakh tonnes of Manganese (Mn) Ore in Financial Year 2022-23. Capital expenditure of Rs.245 crores has also been achieved in FY’23, which is 14% higher than Financial Year 2021-22.
Shri Ajit Kumar Saxena, CMD MOIL Limited, congratulated MOIL on the achievements and expressed confidence that MOIL is poised to achieve much higher levels of production in the coming years, with strategies and action plan for it firmly in place.