FERRO Alloys Corporation Limited, a manganese processing plant in Kabwe, is set to re-open next month after suspending operations last December on account of “astronomical” electricity tariffs and low commodity prices. The firm runs and operates a manganese
[Ferro-Alloys.com] It is said that South Africa Manganese ore miner UMK already released March manganese ore shipment to China. South African Mn37.5% lump ore was lifted up to USD2.06/mtu from USD1.95/mtu.
2015 results have been very significantly impacted by struggling world crisis of metal and mining sector with prices at their lowest in 15 years - nickel and manganese have been specifically and simultaneously affected.
[Ferro-Alloys.com]Economic conditions and commodity markets move in cycles. From the early 1990s to 2004 commodity prices were relatively stable (in real terms). Since that time strong Chinese demand has driven high commodity prices.
[Ferro-Alloys.com]SA HAS the greatest manganese resource on the planet, but the domestic industry to extract and process the mineral appears in disarray. Global prices for the steel ingredient are deep in the doldrums, while high and rising electricity prices ...
[Ferro-Alloys.com]Mining is good for the world if done sustainably, South32 CEO Graham Kerr said on Monday. Speaking at the Investing in African Mining Indaba, Kerr said the current challenge was around excess supply,