Assmang follows Transnet in declaring force majeure

South African manganese miner Assmang has declared force majeure on some shipments after state transport provider Transnet issued the same notice last week.

Assmang’s notice refers to immediate vessels that will be slightly delayed due to rail closures caused by severe rain and flooding, Fastmarkets understands.
Transnet declared force majeure on Friday January 29 after rains washed away parts of the rail infrastructure and left other areas underwater.

Fastmarkets reported on Monday that fellow manganese miner UMK had confirmed it had declared force majeure for affected shipments.

South Africa’s heavy rains started in December and escalated in late January.

Transnet confirmed in an emailed statement to Fastmarkets on Monday that it had repaired the affected rail lines over the weekend and reopened on Sunday.
The rains continue, however, leaving miners facing the possibility of further delays, sources said.

What to read next
Read Fastmarkets' monthly battery raw materials market update for September 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more
Seaborne prices for high-grade manganese ore delivered to China fell sharply in the week to Friday August 16, in the wake of growing resistance from buyers to high prices, Hebei Steel’s cut in August alloy tender price and reduced downstream demand
Read Fastmarkets' monthly battery raw materials market update for August 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more
China’s nickel-cobalt-manganese (NCM) battery output in June registered fell to 20.5 gigawatts hours (GWh), down by 1.5 GWh, or 6.8%, from the 22 GWh in May, and down by 3.7 GWh, or 15.3%, from the 24.2 GWh in March, according to the data from China Automotive Battery Innovation Alliance (CABIA)
Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials
The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24