Eramet record Q1 manganese output, higher sales value buck lower price trend

April 30, 2019 / www.metalbulletin.com / Article Link

Eramet increased its manganese output by 14% year on year in the first quarter of 2019, while also increasing sales volumes by 7% despite lower prices, the French mining and metallurgical group said on Thursday April 25.

The company produced a record quarterly volume of 1 million tonnes of manganese ore and made ?,?434 million ($483.63 million) in product sales.The performance shows a healthy manganese market despite a decline in manganese ore prices over the quarter, the company said.Fastmarkets' 44% manganese ore index, cif Tianjin ended the first quarter at $6.46 per dry metric tonne unit...

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