The Simandou deposit has an iron content that averages above 65%, making it one of the highest and most prized grades in the world.

Sao Paulo-traded shares of Vale rose about 2% on Friday.

The total investment in the construction of the enterprise amounted to 30.4 billion tenge ($57.5 million).

Up to now, electrolytic manganese flake keeps upward tendency with RMB14,100-14,200/mt with several reasons as below:

Currently, the supply side continues to be tight, and domestic crude calcium inventories remain low

The total inventory of manganese ore in Port of Tianjin October 30，2025

Tshipi Q1 FY2026 Quarterly Activities Report

Both production and domestic demand have decreased noticeably compared to 2024, while the share of imports in total consumption remains high.