All posts tagged with Manganese
Jupiter sets manganese price at $4.10/dmtu for March
Manganese producer Jupiter Mines, which operates the Tshipi Borwa mine in South Africa, has announced the offering price for its 36.5% semi-carbonate lump at $4.10/dmtu for March shipments. Read More
South32’s Australia GEMCO mine resumes manganese output
South32's Australia-based GEMCO mine has resumed manganese production and is on track to reach its target of 1 mt for financial year ending 30 June 2025. Read More
EU mulls safeguards against manganese alloys imports
The European Commission is investigating whether to impose safeguard measures on imports of manganese and silicon-based alloys, following complaints from member states. Read More
Assmang may close S.A’s only ferro-manganese smelter
Assmang is considering closing Cato Ridge Works, South Africa’s only ferro-manganese (FeMn) smelter currently in operation, due to weak market conditions and increasing electricity costs. Read More
Manganese prices little changed following Eramet cuts
Global manganese prices are seen rangebound this week as the market seems finely balanced between weak demand and production cuts. Read More
Manganese seen steady after last week’s sharp drop
Global manganese prices are expected to trade in a tight range this week, taking a breather after a sharp 20% drop in high-grade ore the previous week. Read More
Exxaro in “advanced talks” to acquire manganese mine
In this audio interview, Exxaro Resources Riaan Koppeschaar talks about the progress on the acquisition of a manganese mine and plans to expand Exxaro's coal production at Eskom-linked Matla mine. Read More
Manganese prices seen steady as market weighs cuts
Global manganese prices appear to have found a temporary floor with prices seen little changed this week, as the market weighs weak demand against emerging production cuts. Read More
Kudumane rail issue limits junior manganese exports
Junior manganese miners are struggling to make use of the additional 2 mt/y in railing capacity awarded to them by Transnet amid a stand-off with Kudumane Manganese Resources over the use of its private rail link. Read More
Manganese producers to cut output again amid price drop
Some South African manganese producers are looking to cut production again due to the sharp drop in seaborne prices over the past few months. Semi-carbonate prices have tumbled nearly 50% since hitting this year’s high of $5.55/dmtu FOB Port Elizabeth in mid-June. On Friday, the 36.5% manganese weekly price fell to a seven-month low of $2.98/dmtu. Read More
ARM’s new smelting process shows promise in S. Africa
African Rainbow Minerals (ARM) has developed a smelting technology that uses 70% less energy with the aim to offset high electricity tariffs, increase production and resuscitate South Africa's ferroalloys industry. ARM has a 50/50 joint venture with Assore and together own iron ore, manganese and smelting operations in South Africa and Malaysia. Read More
S. Africa manganese miners face declining quality issue
South African manganese miners are seeing deteriorating quality in their opencast production and will soon face the decision on whether to expand underground at greater cost, industry officials said. South Africa, the world’s biggest manganese exporter, has seen the quality of its ore slowly decline from an average of 40% manganese content a decade ago to 37% currently, as the shallow surface of the Kalahari Basin begins to deplete, according to data from the International Manganese Institute (IMnI). Read More
Tshipi omits interim dividend amid manganese downturn
The board of South Africa’s Tshipi é Ntle manganese mine has decided not to pay a dividend to shareholders for the six months to 30 June due to the recent downturn in the global manganese market. Read More
Aveng mulls ownership changes for Tshipi contractor
International mining company Aveng plans to explore “alternative ownership options” for its South African-based Moolmans business, which is a key contractor for the Tshipi é Ntle manganese mine. Read More
High-grade manganese rally ends with 33% weekly drop
High-grade manganese prices tumbled 33% in one week, ending a four-month rally, as the market finally capitulated under weak demand and pressure from lower grade material. High-grade manganese ore dropped to $6.02/dmtu CIF Tianjin on Friday, compared to $8.97/dmtu in the previous week and the lowest since late April Read More
Port Elizabeth Aug manganese exports likely to fall 20%
Monthly manganese ore exports from South Africa’s Port Elizabeth, the industry’s main export hub, are expected to drop by nearly 20% in August compared with the previous month, due to easing seaborne prices. Read More
S.Africa’s manganese market oversupplied – Kudumane CEO
South Africa’s manganese market is oversupplied, and producers should more closely follow demand signals, as semi-carbonate prices tumble from this year’s highs, said Kudumane’s CEO. During a McCloskey manganese webinar last week, Kudumane CEO Thembelani Gantsho said the recent drop in semi-carbonate manganese ore prices indicated that demand fundamentals were not there to support such levels. Read More
Manganese market on edge after S. Africa rail line shut
Global manganese markets could rebound this week, supported by the shutdown of a key South African export rail line. Read More
S. Africa president reappoints Mantashe mines minister
South African President Cyril Ramaphosa has announced his new Cabinet and reappointed Gwede Mantashe as mines minister, leaving him in charge of overseeing the coal and manganese industries but taking away Eskom from his portfolio. The new cabinet was eagerly anticipated following the formation of a Government of National Unity (GNU), which includes 11 political parties after the African National Congress lost its long-held majority in the national elections in May. Read More