MOIL Limited — Important, 01-01-2025: Updates

MOIL has disclosed a revision in the pricing of various grades of Manganese Ore and Electrolytic Manganese Dioxide (EMD), effective January 1, 2025. For Ferro grades with a Manganese content of 44% and above, prices will increase by 1%, while those below 44% will see a 5% rise. Similarly, SMGR grades and Fines will also experience a 5% increase. Chemical grades will have a notable hike of 7.5%. The price for EMD remains stable at ₹205,000 PMT for January. These adjustments reflect ongoing demand dynamics and could enhance revenue, positioning MOIL favorably in the market. Watch closely for market responses.