Manganese Will Recover After a Rough Few Years – UMK

Mining Weekly reported that United Manganese of the Kalahari sees the manganese industry recovering in two to three years.

As quoted in the market news:

[CEO] Kriek, a veteran of the manganese business, foresees and eventual recovery in the price, based on the contention that the declining quality of China’s manganese ore, which requires more energy and which generates more emissions, will result in China ultimately substituting low-quality domestic ore with the better-quality imported ore that South Africa produces.

Click here to read the entire Mining Weekly report.