Gulf Manganese Corporation’s (ASX:GMC) planned manganese smelter in Timor remains a highly attractive project with a redrafted study highlighting EBITDA of US$374.7 million over 10 years with an NPV of US$160.6 million.

n May Ukraine produced 143.6 thousand tons of manganese concentrate and sinter, up by 8.3%, or by 11 thousand tons, MoM.

According to the Association of Ukrainian Ferroalloy Producers (UkrFA), the country’s ferroalloy production totaled 398,500 tons in January-May period, decreasing by 8.2% year on year.

According to the customs statistics of Brazil, the total export volume of manganese ore in May 2015 was 141,527 tons (material quantity), grossly up by 63.7% from 86,435 tons of the prior month.

On June 10, Assmang Limited, South Africa announced that it would stop operation of one furnace out of 4 for high-carbon ferro-manganese at Cato Ridge Plant in Kwazulu -Natal.

South32 said on Tuesday that Samancor Manganese - its joint venture with Anglo American - will delay the restart of three of the four high-carbon ferromanganese furnaces at its Metalloys manganese operations in South Africa.

Kalagadi Manganese has been exploring for manganese in the Kalahari Basin. The three farms on which the company holds new order mining rights are believed to hold some 960 Mt of manganese ore.

The company noted on Tuesday that no permanent employees would be retrenched as a result of the temporary suspension. South32, in its capacity as manager of the 60:40 Samancor Manganese joint venture (JV) with Anglo American,