MarketMOIL
Company Profile

MOIL

MOIL is a miniratna government manganese ore mining company headquartered in Nagpur, India. With a market share of 50%, it is the largest producer of manganese ore in India. MOIL operates 11 mines in adjoining districts of Maharashtra and Madhya Pradesh. It has been ranked #486 among the 500 top companies in India and 9th in the mines and metals sector of the Fortune India 500 list for 2011.

History
MOIL was originally set up as "Central Province Prospecting Syndicate" in the year 1896 in the region of Maharashtra and Madhya Pradesh. It was later renamed as "Central Provinces Manganese Ore Company Limited (CPMO)" in 1935. In 1962, the Government of India took over the mining activities from CPMO. Then, Manganese Ore (India) Limited was formed with 51% stake held between the Government of India and the Maharashtra and Madhya Pradesh State governments. The other 49% was retained with CPMO. In 1977, the balance of 49% was acquired from CPMO, and MOIL became a 100% state-owned enterprise. ==Mines==
Mines
Eight of MOIL's eleven mines are underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat, and Ukwa mines) and three are opencast mines (Dongri Buzurg, Sitapatore, and Tirodi). ==See also==
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