The miner attributed the 6% year-on-year increase at its Australia manganese business to high utilization rates at its primary circuit, “delivering additional tonnes into a strong market.”
Meanwhile, production at the miner’s Australia manganese business totaled 879,000 wmt in the December quarter, a drop of 8% against the previous quarter and down by 2% year on year.
In South Africa South32’s production of manganese ore fell 5% year on year in the December half to 1.01 million wmt, due to a fall in fine grained secondary products which offset the increase in higher quality material.
This comes at a time when manganese ore supply in China has been rising due to waning demand from steel mills and silico-manganese smelters.
Manganese demand has fallen due to ample supply of silico-manganese in the Chinese market, causing smelters to hold back...