RINL-MOIL explore setting up ferro alloy unit at Vizag

Last Updated: Sunday, July 7, 2013, 17:54

RINL has its lone steel-making facility in Vizag.

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 8, 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.

Three steel PSUs looking to buy iron ore assets in Brazil

Last Updated: Tuesday, December 25, 2012, 17:48

NMDC has already started due diligence in a couple of mines in the Amapa province. The Steel Ministry has initiated talks with the Brazilian authority for identifying potential targets for the other two for acquisition, a source said.

Steel Min asks MOIL to increase production

Last Updated: Tuesday, July 3, 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.

MOIL turnover may dip 20% to Rs 900 cr this fiscal

Last Updated: Monday, February 27, 2012, 21:10

Hit by subdued demand and price of manganese ore, state-run MOIL Ltd's turnover this fiscal is likely to fall by over 20 percent to Rs 900 crore.

Green panel recommends clearance to SAIL,MOIL JV in Chattisgarh

Last Updated: Sunday, August 28, 2011, 19:56

A proposed ferro alloys joint venture between SAIL and MOIL in Chhattisgarh worth an estimated Rs 400 crore has been recommended for clearance by a green panel, but with certain riders.