South32 has increased its full year 2018 manganese ore production guidance by 6% amid strong demand and record operating performance at its Australia unit.
Manganese ore prices rose sharply in late 2017 due to the strong demand, particularly from China, but have been sliding since late March. Metal Bulletin's 37% manganese ore index, fob Port Elizabeth rose as high as $7.57 per dry metric tonne unit (dmtu) on March 9 and stands at $7.21 per dmtu...