Manganese ore output in 2013 witnesses a rise of 0.18 MnT as compared to the output in 2012.
India’s manganese ore production in 2013 was about 2.41 MnT slightly up when compared to the output of 2.23 MnT in 2012. The country’s highest manganese ore production in 2013 was during May and Dec, 13 at 0.24 MnT, while in 2012 the highest output was recorded at 0.23 MnT during Mar, 13. Manganese Ore India Limited (MOIL), one of India’s largest state owned manganese ore producers has produced about 0.67 MnT in the Apr-Nov period of 2013.
The Manganese ore production has grown up on account of its rising demand in the market. MOIL has recently increased the prices for Q4 FY14 eying the increasing demand for the ore in the market by 3-7 percent which ranges in between INR 9,000-14000/MT. In addition, MOIL has also invited bids recently for sale of the ore in the market.
Following the same trend, even the private miner, Orissa Manganese and Minerals Limited (ONML) has increased its prices by about INR 500/MT for Q4 FY14. Both the miners, despite not much demand for the ore in the market, had earlier also increased the prices by 5-10 percent for Q3 FY14.
Recent proposal of Shah Commission’s report to impose ban on exports of Manganese ore from Odisha was rejected by the Central government.
Manganese ore is mined basically from Madhya Pradesh, Karnataka, Odisha, Andhra Pradesh and Maharashtra. Primary miners in India are MOIL, Tata Steel, ONML, Sandur Manganese & Iron Ores Limited and Gujarat Mineral Development Corporation Limited.