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    manganese investing

    Huge Business Case for Better Manganese Logistics – UMK

    Written by Investing News Network
    |
    Oct. 07, 2011 11:45AM PST

    Mining 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.

    Click here to read the full Mining Weekly report.

    manganese investingunited manganese of kalaharimanganese shipments
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