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[Ferro-Alloys.com] S32 Manganese Ore Quarterly Report March 2026
Production summary
|
2Q26 |
3Q26 |
9M YTD26 |
FY26e(a) |
% of FY26e |
|
|
Australia Manganese (kwmt) |
806 |
589 |
2,249 |
↓3,000 |
75% |
|
South Africa Manganese (kwmt) |
506 |
500 |
1,557 |
2,000 |
78% |
AUSTRALIA MANGANESE (60% SHARE)
|
South32 share |
9M YTD25 |
9M YTD26 |
YoY |
3Q25 |
2Q26 |
3Q26 |
3Q26 vs3Q25 |
3Q26 vs2Q26 |
|
Manganese ore production (kwmt) |
639 |
2,249 |
252% |
- |
806 |
589 |
N/A |
(27%) |
|
Manganese ore sales (kwmt) |
- |
2,677 |
N/A |
- |
865 |
868 |
N/A |
0% |
Australia Manganese saleable production increased to 2,249kwmt in the nine months ended March 2026, as operations resumed following the impacts of Tropical Cyclone Megan in March 2024.
Production decreased by 27% (or 217kwmt) to 589kwmt in the March 2026 quarter, as the operation continued to manage elevated site water levels, in addition to wet season rainfall and Tropical Cyclone Narelle. As a result, FY26 production guidance has been revised lower by 6% to 3,000kwmt. Water management remains a focus for the operation into FY27.
Sales were 2,677kwmt in the nine months ended March 2026, as the operation continued to drawdown inventory.
SOUTH AFRICA MANGANESE (54.6% SHARE)
|
South32 share |
9M YTD25 |
9M YTD26 |
YoY |
3Q25 |
2Q26 |
3Q26 |
3Q26 vs3Q25 |
3Q26 vs2Q26 |
|
Manganese ore production (kwmt) |
1,558 |
1,557 |
(0%) |
476 |
506 |
500 |
5% |
(1%) |
|
Manganese ore sales (kwmt) |
1,495 |
1,595 |
7% |
407 |
546 |
501 |
23% |
(8%) |
South Africa Manganese saleable production was largely unchanged at 1,557kwmt in the nine months ended March 2026, with maintenance completed in the December 2025 and March 2026 quarters. FY26 production guidance remains unchanged at 2,000kwmt.
OPERATING PERFORMANCE
|
South32 share |
9M YTD25 |
9M YTD26 |
3Q25 |
4Q25 |
1Q26 |
2Q26 |
3Q26 |
|
Australia Manganese (60% share) |
|||||||
|
Manganese ore production (kwmt) |
639 |
2,249 |
- |
467 |
854 |
806 |
589 |
|
Manganese ore sales (kwmt) |
- |
2,677 |
- |
253 |
944 |
865 |
868 |
|
Ore grade sold (%, Mn) |
- |
41.5 |
- |
41.7 |
41.4 |
41.4 |
41.7 |
|
South Africa Manganese (54.6% share) |
|||||||
|
Manganese ore production (kwmt) |
1,558 |
1,557 |
476 |
593 |
551 |
506 |
500 |
|
Manganese ore sales (kwmt) |
1,495 |
1,595 |
407 |
601 |
548 |
546 |
501 |
|
Ore grade sold (%, Mn) |
39.0 |
38.5 |
38.9 |
38.7 |
38.3 |
38.4 |
38.8 |
- [Editor:tianyawei]
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