India’s steel ministry directs MOIL to ramp up manganese production

Friday, 17 December 2021 12:22:40 (GMT+3)   |   Kolkata

India’s Ministry of Steel has directed state-run manganese miner MOIL Limited to take immediate steps to increase production to the limit available under its existing environmental clearance limits, a government official said on Friday, December 17.

The directive was issued at a review meeting of the operations of MOIL Limited by junior minister of steel, Faggan Singh Kulaste, the official said.

The minister noted that, of total Indian manganese reserves of 93 million mt, MOIL had an estimated 33.16 million mt or 36 percent under its control.

MOIL produced 1.14 million mt against total domestic production of 2.48 million mt in 2020-21.

The National Steel Policy (NSP) has laid down a steel production target of  300 million mt by 2030 which will increase manganese demand to 6.5 million mt. Taking into consideration the requirement of manganese for exports of ferroalloys, the total domestic demand for manganese has been forecast at 10 million mt by 2030, the official said.

Against this, MOIL’s existing expansion plan targets manganese production of 3.5 million mt by 2029-30, leaving considerable headroom to ramp up production further factoring in the total reserves under its control, the official said.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.


Similar articles

India’s MOIL Limited sees 1% rise in manganese ore output in Q1 FY 2026-27

13 Jul | Steel News

India’s MOIL Limited sees 6% rise in manganese ore output in FY 2025-26

07 Apr | Steel News

India’s MOIL Limited sees 4% rise in manganese ore output in Q3 FY 2025-26

06 Jan | Steel News

India’s MOIL Limited sees 1% rise in manganese ore output in November 2025

04 Dec | Steel News

India’s MOIL Limited hikes prices for all grades of manganese ore except silico-manganese

02 Jul | Steel News

Dubna iron ore mines in India’s Odisha state start production

22 May | Steel News

India’s MOIL Limited records 1.5% rise in manganese ore output in April

05 May | Steel News

India’s MOIL Limited sees net profit rise 27% in Q4 FY 2024-25

02 May | Steel News

India’s manganese miner MOIL Limited seeks to enter iron ore mining segment

21 Apr | Steel News

India’s MOIL Limited achieves highest-ever annual manganese ore output in FY 2024-25

03 Apr | Steel News