Increase in Power Tariffs Pressures Manganese Producers
Steel Guru reported that the manganese is feeling pressure from a rise in power tariffs.
Articles Tagged "manganese producers"
Annual Manganese Demand Growth Rates in Asia-Pacific to Reach 8%
Merchant Research & Consulting, Ltd. released a report on the outlook for the manganese industry.
Consolidation in Australian Manganese Mining
Many mining companies in the Pilbara region of Western Australia have been consolidating manganese and iron ore operations. Pallinghurst Resources describes their strategy as a ‘steel feed corporation,’ producing all the products for steel milling operations. Also, Consolidated Minerals and OM Holdings are talking merger.
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.
Put Your Money On Manganese
Besides being a critical component in steel and iron production and batteries, on-going research has shown that manganese can be used as a critical component in new technologies. This means investors can sit pretty after taking a long-term investment call on this metal.
