MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from January 01, 2022. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been reduced by 2.5% on the price prevailing since December 01, 2021 with effective from midnight of December 31, 2021/January 01, 2022.
The prices of all other Ferro grades of manganese ore with Manganese content less than Mn-44%, SMGR (Mn-30% & Mn-25%), Chemical and Fines have been reduced by 5% on the price prevailing since December 01, 2021 with effective from midnight of December 31, 2021/January 01, 2022. The basic price of Electrolytic Manganese Di-oxide (EMD) has been reduced from Rs 1,21,000 to Rs 1,15,000 w.e.f. midnight of December 31, 2021/January 01, 2022.
Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese ore will continue to be sold by e-auction as well as through Metal Mandi (M3) of MSTC, in line with the existing policy.
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).
