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Huge Business Case for Better Manganese Logistics – UMK
Oct. 07, 2011 11:45AM PST
Battery Metals InvestingMining Weekly reported that United Manganese of Kalahari’s CEO Johan Kriek sees a strong for increasing rail capacity for South African manganese shipments.
Mining Weekly reported that United Manganese of Kalahari’s CEO Johan Kriek sees a strong for increasing rail capacity for South African manganese shipments.
As quoted in the market news:
Kriek points out that the 51%-black-owned UMK is currently suffering significant margin loss owing to the lack of capacity to transport the company’s growing output by rail. “It’s probably going to cost us R140-million a year of lost margin owing to the fact that we have to transport the ore by road,” Kriek calculates.
