MOIL Instructed to Increase Availability of Manganese Ore

Mining Weekly reported that the Indian Steel Ministry has instructed MOIL to increase mangaese ore availabilty to meet the needs of the domestic steel industry.

As quoted in the market report:

The push to increase manganese production comes in the wake of MOIL not making much headway in following through proposals, received last year, to acquire manganese ore assets in South Africa, Gabon and Turkey.  The company also failed to report progress on plans to revive the government-owned Kisenge manganese mines in Katanga province, in the Democratic Republic of Congo.

To view the whole Mining Weekly report, click here.