Playing an essential role in building global infrastructure
Manganese is not only an essential alloy in converting iron into steel, but it also plays a crucial role in the longevity, energy and performance of the batteries produced to power electric vehicles. 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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