MOIL Ltd. engages in the production manganese ore. The company is headquartered in Nagpur, Maharashtra and currently employs 5,611 full-time employees. The company went IPO on 2010-12-15. The firm has three segments: mining, manufacturing and power generation. The firm operates its underground and opencast mines located in the Nagpur and Bhandara districts of Maharashtra and Balaghat district of Madhya Pradesh. Its Dongri Buzurg Mine located in the Bhandara district of Maharashtra is an opencast mine that produces manganese dioxide ore used by the dry battery industry. This ore in the form of manganous oxide, is used as a micro-nutrient for cattle feed and fertilizers. The firm fulfills about 46% of the total requirement of dioxide ore in India. The Company’s annual production is approximately 1.3 million tons. The company produces and sells different grades of manganese ore, such as high-grade ores for production of ferro manganese, medium grade ore for production of silico manganese, blast furnace grade ore required for production of hot metal, and dioxide for dry battery cells and chemical industries.

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