MOIL Achieves Record July Manganese Ore Production Despite Weather Challenges Aug 03, 2025
MOIL Limited achieved its highest-ever July production of 1.45 lakh tonnes of manganese ore, an 11.40% increase year-over-year, despite heavy rainfall. For the April-July period, the company reported 7.80% growth in production to 6.47 lakh tonnes, 10.70% increase in sales to 5.01 lakh tonnes, and 11.40% rise in exploratory drilling to 43,215 meters. Chairman and Managing Director Ajit Kumar Saxena commended the team's efforts in enhancing production and sales under challenging circumstances.
MOIL Implements Strategic Price Adjustments Across Manganese Ore Grades Aug 01, 2025
Government Considers Up to 10% Stake Sale in MOIL Jul 25, 2025
MOIL Achieves Record Q1 Performance in Exploratory Drilling and Production Jul 03, 2025
More news about MOIL
02Jul 25
MOIL Boosts Manganese Ore Prices Across All Grades
MOIL Limited, India's largest manganese ore producer, has implemented a uniform 2% price increase across its product range. The hike affects both ferro grades (44% and above, and below 44% manganese content) and all chemical grade varieties. This strategic move could impact the steel and chemical industries, potentially influencing manufacturing costs and supply-demand dynamics in the manganese market. The price adjustment suggests MOIL's confident market outlook and proactive approach to industry trends.
01Jul 25
MOIL Implements 2% Price Hike for Chemical Grade Products
MOIL Limited, India's largest manganese ore producer, has implemented a 2% price increase across its entire range of chemical grade products. The price adjustment could impact industries such as steel production, battery manufacturing, chemical processing, and water treatment that rely on MOIL's manganese products. No specific reasons were provided for the price hike.
01Jul 25
MOIL Increases Manganese Ore Prices by 2% for Ferro and Chemical Grades
MOIL, India's largest manganese ore producer, has implemented a 2% price increase for its ferro grade manganese ore and all chemical grades, effective July 1, 2023. The price hike applies to ferro grade manganese ore with content below, at, and above 44%, as well as all chemical grades. Prices for silico manganese grades remain unchanged. This adjustment is expected to impact the ferro-alloy, chemical, and steel industries.
03Jun 25
MOIL Achieves 17.5% Growth in Exploratory Drilling, 18% Increase in Manganese Ore Production
MOIL Limited has achieved significant growth in its operations. The company reported an 18% increase in manganese ore production, reaching 1.71 lakh tonnes. Additionally, MOIL's exploratory core drilling efforts surged by 17.5%, totaling 13,352 meters. These developments showcase MOIL's commitment to expansion and operational efficiency in the manganese ore industry.
MOIL Limited announced price reductions for various manganese ore grades effective May 1, 2025, ranging from -5% to -15%. Simultaneously, the company reported robust financial results for FY 2025, with a 30% increase in PAT to ₹381.64 crore and a 9% rise in revenue to ₹1,584.94 crore. Manganese ore production and sales grew by 3% and 3.3% respectively. The company declared a final dividend of ₹1.61 per share, in addition to the interim dividend of ₹4.02 per share already paid.
01May 25
MOIL Announces Price Cuts Across Manganese Ore Grades for May 2025
MOIL Limited, a state-owned manganese ore mining company, has announced price reductions for various grades of manganese ore and other products, effective May 1, 2025. The price cuts range from 5% to 15% across different product categories. Ferro grades with Mn ≥ 44% see a 5% reduction, while SMGR (Mn 30% and 25%) face the largest cut at 15%. The basic price of Electrolytic Manganese Dioxide (EMD) remains unchanged at Rs. 205,000 per metric ton. These adjustments are part of MOIL's regular business practice to align with market conditions.
30Apr 25
MOIL Reports Strong Q4 Performance with 27% Surge in Net Profit, Declares Dividend
MOIL Limited, a state-owned manganese ore mining company, has reported strong financial results for Q4 FY25. Net profit increased by 27% to ₹115.70 crore, while revenue grew 4.2% to ₹433.40 crore. For the full fiscal year 2024-25, net profit rose 30.1% to ₹381.64 crore, with revenue up 9.3% to ₹1,584.94 crore. The company announced a final dividend of ₹1.61 per share, bringing the total dividend for the year to ₹5.63 per share. MOIL's strong performance is attributed to improved operational efficiency and higher production volumes.
02Apr 25
MOIL Achieves Record-Breaking Performance in FY'25, Adjusts Manganese Ore Prices
MOIL Limited, India's largest manganese ore producer, reported exceptional performance for FY'25. The company achieved record-breaking milestones in manganese ore production (18.02 lakh tonnes, +2.70% YoY), sales (15.87 lakh tonnes, +3.30% YoY), ferro manganese production (12,000 MT, +18.00% YoY), and exploratory core drilling (107,530 meters, +22.00% YoY). MOIL also announced price adjustments for various manganese ore grades effective April 1, 2025, with increases ranging from 0.50% to 3.00% for different grades.
01Apr 25
MOIL Announces Price Hike for Manganese Ore Products
MOIL Limited, a Government of India Enterprise, has announced a price increase for its manganese ore products effective April 1, 2025. High-grade ferro manganese ore (44%+ Mn) will see a 3% increase, while lower grades (<44% Mn) will increase by 0.50%. Chemical grades will also increase by 3%. The company addressed a cautionary letter from stock exchanges regarding a late filing of an investor meet schedule, assuring improved compliance measures.
02Mar 25
MOIL Announces Strategic Price Hikes Across Manganese Ore Grades
MOIL Limited has implemented price increases across its manganese ore products, effective March 1, 2025. High-grade ferro manganese ore (44%+ Mn content) sees a 10% price hike, while lower grade ferro and chemical grade products increase by 6.5%. Prices for SMGR ores, fines grades, and EMD remain unchanged. This move is expected to impact the steel and chemical industries.