Playing an essential role in building global infrastructure

Manganese is not only an essential alloy in converting iron into steel, but also plays a crucial role in the longevity, energy and performance of the batteries produced to power electric vehicles (EV). Logistical restrictions from Covid-19 had a significant impact on the manganese flake market, particularly during strict periods of lockdown in China. Almost 97% of total manganese flake production worldwide comes from China, and so we saw material tightness during this period.

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An industry expert has warned that in the next ten years demand for high-purity manganese is likely to exceed supply unless more attention is paid to the battery-grade metal
The latest coronavirus-linked lockdowns in China have instilled an air of bearishness in the manganese ore markets, with a month-long price rally being capped by looming concerns over downstream demand
The market for both grades of manganese ore softened during the week to Friday March 25, with port prices falling and concerns over demand following Covid-related lockdowns in some major steel-producing areas, including Tangshan
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