The Conversation (0)
American Manganese Inc. (CVE:AMY) reports it will be researching to produce value added products at their potential electrolytic manganese metal mining operation at Artillery Peak, Mohave County, Arizona.
The press release is quoted as saying:
China controls electrolytic manganese production (EMM) supplying and producing 97.44% of the world’s needs (2.6 billion pounds per year).
There is no substitute for manganese in steel (total manganese market greater than 30 billion pounds per year, fourth largest traded metal).
Manganese is the most critical metal at risk to supply and restriction in the United States as there is no US production. EMM’s greatest uses are the upgrading of specialty steel (47%), and the manufacture of aluminum alloys (32%) and electronics (14%).
Click here to access the entire news release.