MOIL LTD. Sets New Production and Sales Records in FY'24: 35% Production Growth, 30% Sales Increase

MOIL Limited announced record-breaking production and sales figures for FY'24, with a 35% year-on-year increase in production to 17.56 lakh tonnes and a 30% year-on-year growth in sales to 15.36 lakh tonnes. The company achieved the best ever production of its key product Electrolytic Manganese Dioxide (EMD) at 1413 tonnes, a 28% year-on-year increase. The company also carried out its best ever exploratory core drilling of 87,661 meters, which will foster enhanced production from existing mines and set the foundation for opening new manganese mines.