Coega Gets Second Manganese Plant

BusinessDay reported that South Africa’s Coega Industrial Development Zone will get another manganese plant to meet demand from China.

As quoted in the market news:

The second smelter — to be built at a cost of R3,8bn — will be owned and run by an undisclosed privately owned Chinese ferromanganese firm, which will export the beneficiated product for use by itself and its customers. The manganese will be mined and processed in SA, leaving the country in a refined state.

Click here to read the full BusinessDay report.