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    manganese investing

    R220m Containerised Manganese Project Launched

    Written by Investing News Network
    |
    Sep. 23, 2011 11:28AM PST

    Mining Weekly reported that South Africa’s Free State government has commenced the initial phase of a large containerised manganese project.

    Mining Weekly reported that South Africa’s Free State government has commenced the initial phase of a large containerised manganese project.

    The market news is quoted as saying:

    The shift from road to rail could reduce the number of trucks transporting manganese from Northern Cape to the Free State by 58 823 trips a year and reduce transport costs by some 20% in the industry by enabling the use of more rail in the Free State. The project is operational and about R78-million worth of equipment has already been bought. It would create about 400 direct job opportunities and further 300 to 500 indirect jobs in various support industries feeding this project.

    To read the full market news, click here.

    northern capemanganese investing
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