MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from October 01, 2017. The prices have been increased by 7.25% on the existing prices prevailing since July 01, 2017 of various grade of Manganese Ore.
The price of Electrolytic Manganese Dioxide (EMD) has been increased by 2.36% on the existing price prevailing since July 01, 2017, while Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore continue to be sold on e-auction basis through MSTC.
MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).