MOIL-Adding Strength To Steel
Manganese Ore (India) Limited
A Miniratna PSU was
originally set up in the year 1896 as Central Province Prospecting
Syndicate which was later renamed as Central Provinces Manganese Ore
Company Limited (CPMO), a British Company incorporated in the UK. In 1962,
as a result of an agreement between the Government of India and CPMO, the
assets of the latter were taken over by the Government and MOIL was formed
with 51% capital held between the Govt. of India and the State Governments
of Maharashtra and Madhya Pradesh and the balance 49% by CPMO. It was in
1977, the balance 49% shareholding was acquired from CPMO and MOIL became
a 100% Government Company under the administrative control of the Ministry
of Steel.
At present, MOIL operates 10 mines, six located in the
Nagpur and Bhandara districts of Maharashtra and four in the Balaghat
district of Madhya Pradesh. All these mines are about a century old.
Except 3, rest of the mines are worked through underground method.
The Balaghat Mine is the largest mine of the Company which produces one of
the best quality manganese ore in the country & it is also the deepest
underground manganese mine in Asia. The mine has now reached a depth of
over 500 meters from the surface. Dongri Buzurg Mine located in the
Bhandara district of Maharashtra is the largest opencast mine that
produces manganese dioxide ore used by dry battery industry. This ore in
the form of manganous oxide is used as micro-nutrient for cattle feed and
fertilizers. MOIL fulfills about 70% of the total requirement of dioxide
ore in India. The total production of manganese ore from all the mines
constitutes about 65% of requirement of the country. At present, the
annual production is around 1.4 million tonnes which is expected to grow
in the coming years. MOIL has set up Ferro Manganese Plant (10,000 TPY)
and Electrolytic Manganese Dioxide (EMD) Plant (1000 TPY) as per its
diversification plan for value addition to manganese ore. MOIL is further
considering setting up Captive Power Plant, expanding the capacity of
ferro manganese plant and setting up a new Silico Manganese Plant to meet
the ever increasing demand of the ferro alloys globally.
MOIL is
also the largest employer in the manganese mining industry with a total
work force of about 7000 employees.


