South32 achieved record quarterly production of manganese ore at its Australian division in the July-September quarter of 2018, and an increase of 8% in overall manganese ore production compared with the previous three months.
The company continues to take advantage of strong demand and pricing, it said, which includes selling lower-grade secondary product and using higher cost trucking as a freight method in South Africa.Fastmarkets' 37% manganese ore index, fob Port Elizabeth, was $5.98 per dry metric tonne unit (dmtu) on Friday October 19, compared with $5.75 per dmtu at the end of...