With effect from November 1, 2022, MOIL has fixed/revised the following prices for various grades of manganese ore and other products:
- All ferro grades of manganese ore with a manganese content of Mn-44% and higher have seen a 7.5% price reduction compared to the current market rate.
- The cost of every other ferro grade of manganese ore with a manganese content lower than Mn-44%, SMGR (Mn-30% & Mn-25%), fines, and chemical grades has remained unchanged.
- For the month of November 2022, the basic price of EMD has increased from Rs. 1,70,000 PMT to Rs. 1,80,000 PMT.