MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from November 01, 2022. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been decreased by 7.5% on the prevailing prices since October 01, 2022.
The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44%, SMGR (Mn-30% & Mn-25%), Fines and Chemical grades have been continued as prevailing since October 01, 2022. The basic price of EMD have been increased for the month of November 2022 from Rs.1,70,000 PMT to Rs.1,80,000 PMT.
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).