Russia’s Renova Mulling Uplift of South African Manganese Business
Mining Weekly reported that Renova is exploring the possibility of additional investment in its South African manganese projects.
Mining Weekly reported that Renova is exploring the possibility of additional investment in its South African manganese projects.
BusinessDay reported that South Africa's Coega Industrial Development Zone will get another manganese plant to meet demand from China.
Mining Weekly reported that Renova is considering building a manganese sinter plant at its South African manganese mine.
Financial Mail reported that South Africa's manganese sector is expanding, with joint ventures like Assmang increasing production.
The price of manganese, an essential ingredient in steel production, has been declining, down some 40 percent year-over-year. Upwards of 12 million tonnes of new supply is coming from South Africa, weight down prices. However due to issues with Chinese manganese production, the country will have to increase imports.
Mining Weekly reported that United Manganese of Kalahari's CEO Johan Kriek sees a strong for increasing rail capacity for South African manganese shipments.
Platts reported that OM Holdings' (ASX:OMH) expects that production at its Tshipi manganese project will begin at the end of 2012.
Mining Weekly reported that United Manganese of the Kalahari sees the manganese industry recovering in two to three years.
Mining Weekly reported that South Africa's Free State government has commenced the initial phase of a large containerised manganese project.
Moneyweb reported that Tshipi ê Ntle is close to signing a manganese supply deal with Aveng Moolmans.
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