Platts reported that, despite a rise in manganese ore prices, the price for Japanese silicomanganese has stayed fairly flat to date this year. As quoted in the market report: A Japanese trader this week bought 200 mt of silicomanganese, with 65% manganese and 16% silicon, from an Indian producer at $1,120/mt CIF Japan for May [...]
Manganese Market News Directory
Mining Weekly reported that Gulf Mines announced that Indonesian manganese group Asia Minerals Corporation will ship their first manganese in May.
Platts reported that manganese ore prices rose, propped up by a tighter supply because of South African port congestion.
Platts reported that China's electrolytic manganese metal trade moved up in the first quarter of 2013, supported by the removal of a 20 percent export tax as of January 1.
Bloomberg reported that Angola is pursuing manganese investments in order to reduce their dependence on exports of oil and diamonds.
Platts reported that manganese ore shipments from Australian Port Hedland to Asian ports rose in March. As quoted in the market report:
Reuters reported that BHP has put the brakes on mining investment in Gabon, much to the dismay of the government, who had been banking on large-scale iron and manganese projects.
The Globe and Mail reported that some countries have been granted exploration licences to mine the ocean floor in the central Pacific for manganese nodules. However, some contend that the current state of the technology that will be used to complete this task could be problematic.
Platts reported that in February, Chinese imports of manganese ores and concentrates dropped by 23.9 percent year -over-year and 31.6 percent from the month prior. As quoted in the market report:
Mining Weekly reported that Jupiter Mines has secured a shipping agreement for its Tshipi Borwa manganese mine with Transnet