Has MOIL Successfully Dispatched Its First Shipment of 54,600 Tonnes of Manganese Ore to Indonesia?
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Synopsis
India's MOIL marks a groundbreaking achievement by shipping 54,600 tonnes of manganese ore to Indonesia. This first-ever export underlines India's growing presence in the global market and showcases MOIL's commitment to enhancing international trade.
Key Takeaways
- MOIL has successfully dispatched its first shipment of 54,600 tonnes of manganese ore to Indonesia.
- Designated as a State Trading Enterprise, MOIL facilitates organized exports of manganese ore.
- India has a surplus of low-grade manganese ore, making exports beneficial for the economy.
- MOIL recorded its highest-ever production in August, highlighting its operational efficiency.
- The export boosts India's presence in the global manganese ore market.
New Delhi, Sep 18 (NationPress) India’s premier producer of manganese ore, MOIL, announced a remarkable achievement in the realm of exports as it successfully dispatched its inaugural shipment of 54,600 tonnes of manganese ore fines from Visakhapatnam to Indonesia as a designated state trading enterprise (STE).
The Indian government has appointed MOIL as a STE for the export of manganese (Mn) ore containing less than 46% Mn grade.
According to the Steel Ministry, MOIL has established a framework for the fiscal year 2024-2025 to facilitate the export of Mn ore in compliance with the Trade Policy, mandating that all exports of Mn ore from India must be funneled through MOIL.
“The inaugural consignment of 54,600 tonnes Mn ore from Vizag was dispatched on August 22, 2025 to Indonesia under the auspices of MOIL. The material is exported to international clients through a back-to-back arrangement with domestic suppliers,” stated the ministry.
The export of low-grade manganese ore (Mn 25%) holds significant importance as India possesses an excess of low-grade Mn ore fines that surpass domestic requirements, thereby enhancing India's global presence and increasing foreign revenue.
Ajit Kumar Saxena, CMD, expressed his congratulations to the MOIL team for their first-ever manganese ore export as a State Trading Enterprise and highlighted the need for efficient operations and informed strategies to promote international trade.
In August, MOIL achieved its highest production figures to date, reaching 1.45 lakh tonnes, marking an impressive 17% growth compared to the same month the previous year.
On the sales front, the company reported 1.13 lakh tonnes of sales in August, reflecting a substantial 25.6% year-on-year increase.
Moreover, from April to August 2025, MOIL recorded its best performance ever with 7.92 lakh tonnes of production, representing a 9.3% year-on-year rise.
The government-owned enterprise, which supplies manganese ore as a crucial input for steel production, also accomplished its highest exploratory core drilling of 50,621 metres during April-August of the current fiscal year, which is an 8.6% increase from the same period last year.
Point of View
The successful export by MOIL signifies a pivotal moment for India's mining sector, reaffirming its position in the global market. This move not only opens new avenues for revenue generation but also enhances India's stature as a reliable exporter of mineral resources.
NationPress
20/09/2025
Frequently Asked Questions
What is the significance of MOIL's first shipment?
MOIL's first shipment signifies a major milestone for India's export capabilities, showcasing the country's potential in the global manganese ore market.
Why was MOIL appointed as a State Trading Enterprise?
The Indian government appointed MOIL as a STE to regulate and facilitate the export of manganese ore grades below 46% Mn, ensuring organized and efficient trade.
How does this export impact India's economy?
This export enhances India's global footprint, increases foreign earnings, and helps utilize surplus low-grade manganese ore, benefiting the economy.
What are the production figures for MOIL in August?
In August, MOIL achieved its highest production to date, reaching 1.45 lakh tonnes, reflecting a 17% growth over the previous year.
What future plans does MOIL have for exports?
MOIL aims to expand its export operations further, following the successful dispatch of this first shipment, in line with the government's trade policies.
