MOIL LTD. - Updates

Sub: Information relating to fixation of prices of different grades Manganese Ore for 4th Quarter (Jan.-Mar.2017) effective from 01.03.2017 (1)The prices have been decreased w.e.f 01.03.2017 by 25% on the existing prices prevailing since 01.02.2017 of all Ferro Grades of ore. (2) The prices have been decreased w.e.f 01.03.2017 by 15% on all grades of SMGR (Mn 30%) and SMGR Low (Mn 25%) on the prevailing prices since 01.02.2017.(3)The prices have been decreased w.e.f. 01.03.2017 by 25% on all grades of Fines on the prevailing prices since 01.02.2017. (4)The prices have been decreased w.e.f 01.03.2017 by 20% of all chemical grades ore on the prevailing prices since 01.02.2017.(5)No change in the price of Electrolytic Manganese Dioxide (EMD).