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Steel Ministry asks MOIL to jack up capacity Indian Express

The steel ministry has asked MOIL to initiate steps to increase its manganese ore production capacity to 15 lakh tonnes (LT) by 2015-16 from 10.93 LT in 2009-10. Reviewing MOIL's third quarter performance on Thursday, the ministry advised the firm to expand the capacity of its mines by carrying out

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MOIL IPO Should you invest in it? Investment Shastra

Nov 26, 2010Currently MOIL fulfills around 50% of the total supply of manganese ore in India and is expected to increase its production capacity by 40-50% by FY2015 to match the high demand from steel industry. Going forward, we can expect a rise in the realisation and market share of the company due to enhanced production capacity.

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MOIL posts highest-ever turnover in 2018-19 PSU Watch

13 Currently, MOIL holds 34 percent of manganese ore reserves of the country and is contributing 50 percent of the domestic production. New Delhi MOIL Limited, the largest producer of manganese ore in the country and a Mini Ratna Schedule-A CPSE under the administrative control of the Ministry of Steel, has achieved the highest-ever turnover of Rs 1,440 crores (unaudited and

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Rising Manganese Production Alongside Prices Investing

When compared to previous years' results, Manganese ore output has risen considerably in 2010. As production of manganese rises, so are the prices. Vivien Diniz Exlusive to Manganese

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NMDC, Nalco, MOIL stake sale Why sell when prices are low

Oct 10, 2016MOIL, the largest domestic producer of manganese ore, faced the losses last year when the demand slowed and prices fell by over 60%. In 2015-16, sales slipped 24% to Rs 628 crore due to sustained price pressure. Operating margin slid to a mere 11% in

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MOIL says, achieved record Rs 1,440 cr turnover in 2018-19

The top producer of manganese ore, MOIL, earlier known as Manganese Ore India Ltd, operates 10 mines, six located in the Nagpur and Bhandara districts of Maharashtra and four in the Balaghat

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MOIL IPO Note SPA Sec Subscribe

MOIL is the largest manganese ore producer in the country contributing 50% to the total production. In FY10, it produced ~1.1mn tonnes of manganese ore. The company has 21.7mn tonnes of proved reserves of which 55.0% are of medium to higher grade. It does not have any reserves with manganese content below 30%.

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MOIL IPO Analysis The Thrifty Investor

Dec 01, 2010Strong capabilities for exploration, mine planning and research development The company is actively involved in exploration and development activities to increase its proved manganese ore reserves. An area of 814.71 hectares in the State of Maharashtra has been reserved for MOIL by a notification from the Ministry of Mines.

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MOIL announced that the latest price increase is inline with the company's business practice of fixing/revising prices of different grades of manganese ore. MOIL's net profit spurted 441.6% to Rs 115.80 crore on 19.8% increase in net sales to Rs 251.30 crore in Q4 March 2017 over Q4 March 2016.

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IPO Analysis Of Manganese Ore India Limited Fairwealth

Manganese Ore India Ltd (MOIL), a Miniratna Public Sector undertaking, is the largest producers of manganese ore by volume in India. It operates with 10 mines across India, of which six mines are located in the Nagpur and Bhandara districts of Maharashtra and four in

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Investing in Manganese How to Invest in Manganese

Manganese is a transition metal, and an essential trace nutrient in all forms of life.The majority of manganese goes toward the production of steel. Domestic Production and Use Manganese ore containing 35% or more manganese has not been produced domestically since 1970.

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Auction Details Auction No MSTC/HO/MOIL

MOIL LTD who are owner/seller of Manganese Ore/Ferromanganese/Slag etc., is hereinafter referred to as "Seller" or bidders can increase bid minimum by Rs.100/- (one hundred)/MT but during extension time of auction bid has to be increased by minimum Rs. MOIL / MSTC reserves the right to withdraw. MSTC LTD

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International Manganese Institute

JANUARY MARCH. Kupang Resources set to start manganese ore production in Indonesia. MOIL announces plans to increase production level to 2.2 million tonnes by 2020. Kalagadi announces that it will produce sinter by the end of April.

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MOIL Ltd. IPO Analysis 22nd Nov 2010

MOIL Ltd. IPO Analysis . 22nd Nov 2010 . IPO of Manganese Ore India Ltd (MOIL) provides an opportunity to invest in the India's largest manganese ore company with 'Miniratna' status. The company is committed to maintain its leadership position in with a view to increasing its proved manganese ore reserves. In addition, an

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Manganese Ore India Limited looks to buy stake in

Jan 08, 2013Manganese Ore India Limited looks to buy stake in Australian mine City-based public sector miner, Manganese Ore India Ltd, is in talks with National Mineral Development Corporation (NMDC) to enter

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Indian Steel Producers Aggressively Seek Raw Materials

Jan 13, 2011India needs to secure supplies of manganese ore, a key ingredient in steel, as it plans to increase manufacturing capacity of the alloy by almost 67 percent to 120 million tons by 2012.

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Overview of the Mining Industry in India

Overview of the Mining Industry in India Sponsored by the ia Economic Development Partnership (VEDP) which is an increase of about 2% over the previous year ―Of the total value, fuel minerals accounted for USD 25.9 bn (68.51%), metallic minerals for USD 6.2bn (16.39%) and non- Manganese Ore India Ltd,

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Global Manganese Mining to 2020 Trends, Statistics

The estimated increase in manganese ore production in 2014 was due to the additional annual manganese ore production capacity of 5Mt resulting from mine expansions and startups, 57% of which were in South Africa. In 2013, production increased by 8.9% over 2012, driven by increased demand from emerging economies, following a contraction in 2012.

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MOIL Going strong Buy The Hindu BusinessLine

Manganese is used as an alloy in the production of steel to increase its strength. It takes around 32 kg of manganese to produce one tonne of steel. With increasing demand for steel, domestically, and the company's various mine development and expansion projects in place, MOIL is well-placed to cater to the increasing demand for manganese ore

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MOIL reports 9% growth in turnover at Rs 1,440 crore

MOIL Limited, India's largest producer of manganese ore, said on Monday it registered the highest-ever turnover of Rs 1,440 crore during the financial year 2018-19, marking a growth of 9 per cent

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Problems and prospects of raw materials for ferro

reserves of manganese ore like South Africa, Australia, Brazil, Mexico and India. Requirements of manganese ores for Fe-Mn Production Specifications for manganese ore required by Indian ferro manganese producers are given in Table 1. The important factors governing 'Authors are with the Mineral Development Board, New Delhi-1. the selection of

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S K S Pashine K S ManiMetallurgy

MOIL Limited reports 9% increase in turnover in 2018-19

11 MOIL said its core production, which does not include manganese ore fines, went up 15% during 2018-19, even as total production crossed 1.3 million tonne, a 9% YoY rise.The company has also

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MOIL Ltd. India Infoline

MOIL Ltd. Q2 FY16 Research Analyst yoy and 7.6% qoq as the company has announced price cuts to align with the sharp fall in global prices. Dollar has led to an increase in supply of ore in the global market. To realign itself with landed prices, MOIL has cut lump prices by 24% and fines price by 32% over the last one year.

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