February 2016

Manganese ore supply from Africa & Middle East drops 29% in January

Manganese ore production in the Africa and Middle East region dropped 29% year-on-year in January following widespread production cuts in South Africa, according to figures from the International Manganese Institute (IMnI).

MONDAY BRIEF: Infographic for February 29

The infographic for Monday February 29.

MANGANESE ORE INDEX: Prices jump on soaring demand, tight supply

Manganese ore prices jumped on Friday February 26, on a surge in demand from China due to mine production curtailments and higher manganese alloys prices.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday February 26:

TAPPED IN: Everyone loves Gemco, but who will step up?

A sizeable stake in the world’s most coveted manganese mine is up for grabs.

South32 swings to H1 loss on low manganese, coal prices

BHP Billiton’s spin-off South32 swung to a loss after taxation of $1.7 billion in the first half of the 2016 financial year amid low prices for manganese and coal.

IN FIGURES: China’s ferro-alloys imports in January

Summary of China’s ferro-alloys imports in January.

INDIAN SiMn SNAPSHOT: Prices jump 4% as domestic industry receives boost

Key data from the February 23 pricing session in London.

Eramet incurs $230m loss in 2015 on nickel market weakness

French miner Eramet suffered an operating loss of €207 million ($230 million) in 2015, due to pressures from low nickel prices, market oversupply, and weaker global demand for metals.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday February 19: