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    manganese investing

    Manganese Production to Expand to 500,000 T/y at Otjo

    Written by Investing News Network
    |
    May. 13, 2011 07:54PM PST

    Mining Weekly reported that Shaw River Resources (ASX:SRR) is targeting a half million tons of manganese production at the Otjozondu project in Namibia.

    Mining Weekly reported that Shaw River Resources (ASX:SRR) is targeting a half million tons of manganese production at the Otjozondu project in Namibia.

    The editorial is quoted as saying:

    The scoping study indicates the Otjo project’s potential to generate strong cash flows that are significantly leveraged to the manganese price from a relatively low capital cost development.

    To read the full editorial, click here.

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