MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from January 01, 2020. The prices of all grades of manganese ore having Mn-44% and above have been increased by around 7.5 % and all the other Ferro grades of Manganese Ore having Manganese below 44% have been increased by around 10 % on the prices prevailing as on December 31, 2019.
The prices of all grades of Chemical have been increased by around 10% on the prices prevailing as on December 31, 2019. The basic price of Electrolytic Manganese Di-oxide (EMD) has been increased by around 5% on the prices prevailing as on December 31, 2019.
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).