the company is not going to give up as the investments into the project are significant.5 RK0 furnaces (33 MVA each) were supposed to be installed at the plant to produce 235,000 tpy of ferroalloys120,000 tpy of FeMn and 115,000 tpy of SiMn.
Buyers have been slow to close contracts in the South Korean export market for manganese alloys in late August. High-carbon ferromanganese (75% Mn) is stillavailable at $1,000-1,050/t F0B and the material (73% Mn) - at $1,000/t F0B.
Consmin, a leading manganese ore producer with mining operations in Australia and Ghana, announces its quarterly results for the period ended 30 June 2014.
[Ferro-Alloys.com]It is reported that the biggest silicon manganese buyer in China, Hebei Iron and Steel Group already released September manganese alloys bidding plan.
[Ferro-Alloys.com]It is reported that China totally exported 801 tons silicon manganese during July according to the data from Chinese customs statistics.
Manganese ore prices remain unchanged amid lackluster Manganese Alloy market. Reportedly, demand for imported ore is much higher in the domestic market.