MOIL targets 2.5mt production by FY26 and 3.5mt by FY30 from 1.8mt in FY25, driven by ramp-ups at Gumgaon and Balaghat mines. Sales are projected at 1.9mt in FY26 and 2.4mt in FY27, with upside potential from operational improvements. Domestic manganese demand rose sharply in FY25, driven by steel and alloy production, indicating a strong demand outlook. The company laid down a capex roadmap at Rs3.4bn for FY26, with a total of Rs24bn earmarked till FY30, to be spent in a phased manner. The...