Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
✅ Record-breaking output: MOIL achieves its highest-ever manganese ore production in FY 2024-25.
✅ Boost to domestic supply: Strengthens India’s manganese availability and reduces import dependency.
✅ Strategic expansion success: Modern mining technology and capacity growth drive MOIL’s performance
MOIL Limited, India’s leading manganese ore producer, has recorded its highest-ever annual production in FY 2024-25, marking a significant milestone for the country’s mining sector. The state-owned company reported a substantial surge in output, reinforcing its pivotal role in India’s steel and ferroalloy industries.
The production growth aligns with MOIL’s strategic expansion initiatives and increased mining efficiency. The company has invested in modern mining technology and capacity expansion, which contributed to this record-breaking performance. This achievement is expected to enhance domestic manganese availability, reducing dependency on imports and supporting India’s self-reliance goals in raw material supply for steelmaking.
MOIL’s remarkable performance also reflects the broader industry trend of increasing domestic mineral production to meet growing demand. With this success, the company is set to further strengthen its position as a critical player in India’s manganese sector.
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