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Recover Rs 60k crore from Odisha miners: Shah Commission

Last Updated: Thursday, January 02, 2014, 20:51

About Rs 60,000 crore should be recovered from miners for illegally mined iron and manganese ores, Justice MB Shah Commission report on illegal mining in Odisha has said.

SAIL may team up with RINL, MOIL to set up ferro alloy plant

Last Updated: Thursday, November 14, 2013, 21:18

Steel major SAIL may join as the third partner in RINL-MOIL joint venture for manufacturing ferro alloy as its plan for a separate unit with the manganese ore producer may not see the light of day.

MOIL hikes prices by 5% across product basket

Last Updated: Thursday, October 03, 2013, 19:35

State-run manganese producer MOIL on Thursday hiked ore prices by five percent across most of its product range for the October-December quarter in line with global trends.

Prospecting Licence to boost manganese output: MOIL

Last Updated: Thursday, July 11, 2013, 14:53

At present, MOIL's existing leasehold area in Maharashtra is spread over an area of 696 hectares.

China's Geely buys London Black Cab manufacturer

Last Updated: Friday, February 01, 2013, 19:52

Chinese carmaker Geely has acquired Manganese Bronze Holdings (MBH), manufacturer of the iconic London Black Cab, for USD 17.44 million.

MOIL's Apr-Dec net slips despite manganese ore sales rise

Last Updated: Sunday, January 20, 2013, 19:17

State-owned MOIL's net profit has slipped 1 one percent during the April-December period of the current fiscal despite its manganese ore sales rising by 7.61 percent to 8.37 lakh tonnes.

MOIL plans to up production, invest Rs 1,200 crore in phases

Last Updated: Tuesday, January 08, 2013, 15:29

State-owned Manganese Ore India Ltd will invest Rs 1,200 crore in a phased manner to increase production to over 2 million tonne by 2020, a top official said on Tuesday.

ArcelorMittal to sell 50% stake in Kalagadi Mang for $447 mn

Last Updated: Thursday, November 15, 2012, 17:50

The world's largest steelmaker ArcelorMittal on Thursday said it has reached a pact to sell its 50 percent stake in South African miner Kalagadi Manganese for USD 447 million to chairperson of joint venture partner Kalahari Resources.

Goa govt decides to shut down mines polluting Selaulim dam

Last Updated: Thursday, September 20, 2012, 12:32

Recently, the manganese content in Selaulim water had reached alarming levels. The state PWD had admitted that it was six times more than permissible levels.

Tata Steel unveils brand to tap Rs 3000cr silico manganese mkt

Last Updated: Wednesday, August 22, 2012, 23:30

The company on Wednesday launched the product in Durgapur and in the next few months will take this product to other parts of the country.

No change in import duty on manganese ore: SteelMin

Last Updated: Sunday, August 12, 2012, 21:16

The Steel Ministry has quashed manganese alloy industry's plea for abolishing the import duty of 2.5 percent on manganese ore, according to sources.

Steel Min asks MOIL to increase production

Last Updated: Tuesday, July 03, 2012, 21:26

In view of subdued production last fiscal, Steel Minister Beni Prasad Verma Tuesday directed state-run manganese ore producer MOIL to initiate steps for increasing output and diversify into value-added products.