MoneyWorks4Me

MOIL increases prices of manganese ore by 9% for April-June, 2013

03 Apr 2013 Evaluate

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.

Peers
Company Name CMP
Coal India 413.95
NMDC 72.86
Ashapura Minechem 489.10
Sandur Manganese 181.35
GMDC 477.10
View more..