Manganese Ore India (MOIL) has increased the prices of each grade of manganese ore for the quarter April-June, 2013 by 9% over the prices for January-March, 2013. The company has taken this step in line with its business practice of quarterly revising the prices of manganese ore.
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). The company is actively involved in exploration and development activities with a view to increase its proven manganese ore reserves.
