MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from June 1, 2022. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been continued as prevailing since May 1, 2022 with effect from midnight of May 31, 2022/ June 1, 2022.
The prices of all other Ferro grades of manganese ore, SMGR (Mn-30% & Mn-25%), Fines and Chemical grades have been decreased by 5% on the prices prevailing since May 1, 2022 with effect from midnight of May 31, 2022/ June 1, 2022. The basic price of EMD have been increased from Rs 1,21,000 PMT to Rs 1,50,000 PMT with effect from midnight of May 31, 2022/ June 1, 2022.
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).
