South Africa’s Transnet to Increase Manganese Volume

Platts reported that South African logistics group Transnet will spend $37.8 billion on capital projects, such as increasing the volume of manganese, as part of a seven-year Market Demand Strategy.

As quoted in the market news:

[Transnet] will also boost iron ore freight volumes to 82.5 million mt/year from 53 million mt, as well as volumes of other commodities such as manganese.

Click here to read the full Platts report.