China Armco Metals Reports Financial Results
China Armco Metals, Inc. (AMEX: CNAM) announces its financial results for the third quarter of 2010.
Articles Tagged "manganese ore"
Lack of Investment Hurts Manganese Producing Countries
The rising price of manganese has shed light on the lack of infrastructure spending, which has hurt the profitability of manganese operations. South Africa needs to increae the capacity of railway lines and ports to ship out more of the material. Also, India explores the ocean depths for manganese resources.
Mining Majors Ramp Up Manganese Production
Mining giants BHP Billiton and Vale S.A. have increased their manganese production in light of rebounding steel demand from India and China. The long term outlook for manganese looks strong due to increased demand for the metal, as well as factors on the supply side that may drive up prices through 2011.
Manganese Resources Vital for North America
Electrolytic manganese, a crucial component in the production of steel, is wholly under the control of China which produces 97.5 percent of the world’s electrolytic manganese. Listed as a vital strategic metal by the US Department of Defense, two operations in Arizona are looking to fill the need. American Manganese Inc and Wildcat Silver Corporation have released data on their US based operations.
Manganese Miners on the Move
OM Holdings and Jupiter Mines have announced major manganese mining operations in South Africa. Also, American Manganese Inc. is advancing its manganese mine in Mohave County, Arizona.
