Manganese ore production for Q3 2014 was 2% lower than in Q3 2013. Australian manganese ore production increased 7% offset by a 10% decrease of Ghanaian manganese ore production compared to Q3 2013. Overall, total manganese ore produced year to date in 2014 wa...
China and Australia on Nov 17th sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world's second largest economy and one of Washington's closest allies in Asia.
The main contributors to the 5.3 percent increase were iron ore (contributing 5.7 percent), coal(contributing 1.8 percent) and manganese ore (contributing 1.2percent).
Leader Steel Holdings Bhd will focus less on iron ore trading, as the global pricing of the steel-making commodity has decreased since the middle of 2013.
The Indian Bureau of Mines came out on Tuesday with a warning that the Asian powerhouse could face a critical demand/supply gap in the manganese market as soon as 2020.
EXPLORATION AND MING (OMM, 100% owned Bootu Creek Manganese Mine)
Solid Septmber 2014 quarterly manganese ore production of 251,411 tonnes grading 36.16%; 2014 year-to-production stands at 698,196 tonnes.
Transnet said first-half profit fell 25% after finance costs rose and the South Africa’s state-owned ports and rail operator’s writedowns of older equipment more than doubled.
Despite the decrease in average manganese ore prices, alloy prices remained stable outside China, due to healthy steelmaking activity in North America and Europe, as well as the uncertainties in Ukraine. ERAMET Manganese's alloy shipments decreased 9% over the...