Top 5 Manganese Mining Companies & Manganese producing Countries

  • Friday, June 7, 2024
  • Source:ferro-alloys.com

  • Keywords:mangabese ore ,market
[Fellow]Manganese is a chemical element that is used in many different industries. It has a lot of uses and can be found in manganese mining companies, the steel industry, and the manufacturing industry. Manganese mining is an important part of this process because it...

Top 5 Manganese Mining Companies & Manganese producing Countries

Manganese is a chemical element that is used in many different industries. It has a lot of uses and can be found in manganese mining companies, the steel industry, and the manufacturing industry. Manganese mining is an important part of this process because it provides the raw material for these industries. It also produces manganese dioxide, which can be used to make dry cell batteries.

manganese mining

Further, manganese is a necessary component of steel. And according to the US Geological Survey’s (USGS) Mineral Resources Program, the US relies entirely on manganese imports. It has no domestic production capabilities. The steel industry consumes most of the 500,000 tonnes (1.1 billion pounds) of manganese in the United States annually. The USGS, acutely aware of this scenario and that just a few nations produce the majority of the world’s manganese (some of which are dangerous jurisdictions), has designated manganese as a “critical mineral.” A crucial mineral is both vital to the economy and vulnerable to supply disruptions. Therefore, it becomes essential for us to comprehend manganese-related subjects. So, continue reading to learn the below-mentioned subjects. 

Top Manganese Mining Companies

This section will talk about the largest manganese mining companies and the top manganese mining stocks which you can consider for investing 

Top Magnese Producing Nations 

Here we will make you matey with the countries producing the highest amount of manganese. 

So, without tinkering, let’s jump to the sections part by part. 

The USGS has also singled out manganese because of its growing role in developing technologies. After a significant fall due to COVID-19 lockdowns, manganese prices increased in 2021 due to demand, supply chain expenses, and bottlenecks. So far, in 2022, prices have remained stable. In the future, the metal will be heavily reliant on demand from China, which requires enormous quantities of electrolytic manganese to create steel for construction. As the green energy revolution develops, interest in manganese battery applications might be a beneficial drive in the future. With this important information, it is time to know about the manganese mining companies responsible for churning out manganese. 

manganese mining companies

The largest manganese mining companies that have some exposure to manganese incorporate: 

Assmang

Assmang is one of the manganese mining companies that was founded in 1935 and is based in Johannesburg, South Africa. It is involved in the extraction of manganese ore, iron ore, and chrome ores. The vast bulk of the company’s output is sold to the Far East, Europe, the United States, and India. African Rainbow Minerals and Assore share ownership of Assmang. 

Assmang’s manganese ore and alloys business segment handles mining, washing, ore crushing, and screening. It is also entailed in smelting ferromanganese materials and manufacturing refined ferromanganese. The company’s mines (Nchwaning and Gloria) are located in Black Rock, near Kuruman in South Africa’s Northern Cape Province. Further, to abbreviate, we can say that it comes under the list of top manganese mining stocks. 

BHP Billiton

BHP Billiton was formed in 1851 and is based in Melbourne, Australia— another manganese mining stock. Firms develop natural resources all around the world. It has projects in America, Australia, and all around the world. It is in charge of two iron ore mines in Brazil and one in Australia, as well as five copper mines in Peru, Australia, and Chile. Thus, it became one of the largest manganese mining companies. 

In addition, the firm owns a potash development project in Canada and has coal mines in Australia, Colombia, and the United States. Furthermore, it explores, produces, and markets oil and gas from properties in Australia, the United States, the Gulf of Mexico, the United Kingdom, and Pakistan.

Corporations carry out manganese mining activities in Australia and South Africa. It completed the demerger of its aluminum, coal, nickel, manganese, and silver-lead-zinc assets in May 2015. Consequently, it paved its way to become one of the top manganese mining stocks. 

South 32 Limited (ASX: S32)

South 32 is a multinational Australian firm (a BHP subsidiary) and one of the world’s major manganese producers. They mine alumina, bauxite, nickel, aluminum, silver, metallurgical coal, lead, manganese, and zinc. Hence, it is another manganese mining stock that you have come across. 

South 32 has activities in Australia (Groote Eylandt Mining Company and Tasmanian Electro Metallurgical Company) and South Africa for manganese ore and alloys (South Africa Manganese operations). South 32 produced 5,348k wmt of manganese ore and 163kt of manganese alloy in fiscal year 20. This implies that it is not just simple manganese mining stock but also one of the top manganese mining stocks. The current market capitalization is AUD 11.2 billion. The consensus price objective among analysts is AUD 2.71, reflecting an 18% increase.

Eramet (EPA: ERA)

The mining and metallurgical firm ERAMET was founded in 1880 and is located in Cedex, Paris, France. It creates alloys for a variety of markets. It also recycles and repurposes industrial waste materials. Through its subsidiary, COMILOG, the firm produces high-grade manganese ore. This opened the door to entering the list of manganese mining companies. It runs the Manganese Ore Mine in Moanda, Gabon. Its products incorporate high-grade manganese alloys, manganese ore, and manganese chemistry, including agrochemicals, recycling, batteries, and electronics.

COMILOG also sells directly to manganese users. The company produced 3 billion metric tons of manganese ore and sinter in FY2015. And this production made it fall into the log of the largest manganese mining companies. 

Vale (NYSE: VALE)

Vale was created in 1942 and is located in Rio de Janeiro, Brazil. It is a multi-faceted mining and metals firm. The firm manufactures and sells iron ore, pellets, fertilizer, nickel, copper, manganese, ferroalloys, cobalt, coal, and platinum group metals. Thus, people recognized it as the manganese mining stock too. Through its ferrous minerals sector, the company manufactures manganese and ferroalloys.

Vale Manganese and Mineracao Corumbaense Reunida, a subsidiary of Vale, operates manganese mines and factories in the Brazilian states of Minas Gerais, Para, and Mato Grosso do Sul. It also runs ferroalloy mills in the Brazilian states of Minas Gerais and Bahia. Approximately 90% of the manganese generated by the firm is utilized in the steel sector, as well as animal feed, automobiles, fertilizers, and food. It sells three kinds of manganese: 

  • Metallurgical Ore
  • Chemical Ore
  • Natural Manganese Dioxide

These were the five largest manganese mining companies that made the list of top manganese mining companies. Further, we will make you near and dear to the leading nations producing manganese.  

 

  • [Editor:admin]

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