BHP Takes Price Action on Manganese

Business Insider reported on BHP Billiton’s (NYSE:BHP) recent price slashing on manganese imports to China.

As quoted in the market news:

Little though manganese may be worth to BHP, relatively speaking, its capacity to keep manganese in the ground by holding down the price has a big impact on the pure or independent manganese miners, on whose futures China has wanted to have at least as much say as BHP.

Click here to read the full Business Insider report.