Hongxin Group to Increase 2013 Electrolytic Manganese Production by 38 Percent

Platts reported that Hongxin Group intends to increase its output of electrolytic manganese of 99.7% purity from 2012′s 80,000 mt produced in 2012 to 110,000 mt in 2013, to meet burgeoning demand.

As quoted in the market report:

The company sells to local steelmakers and exports to South Korea, Japan, Europe and India. The source said demand from overseas buyers had surged after the Chinese government removed a 20% export tax on electrolytic manganese from January 1, 2013.

To view the whole Platts report, click here.

Get the Latest Manganese Investing Stock Information

Get the latest information about companies associated with Manganese Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Why Have Most Investors Forgotten About Metals - One Of The Safest Investments In The World?

Discover everything you need to know to diversify your portfolio with metals. Click below to download a FREE industry report on critical metals investing.

Get My Investor's Guide
Click here to download for free


Leave a Reply