The market for manganese mining can be categorized into 3 major levels such as allow production, steel production, and ore mining. The increasing industrialization and advancement in the region of Asia Pacific and the increasing demand for primary alkaline batteries are the prominent factors fuelling the manganese mining market. Furthermore, the rising demand for silicomanganese is also propelling the development of the market for manganese mining. The production of alloys is done by both independent and integrated alloy smelters.
The top players in the market for manganese mining have been detailed as under:
- Assmang: This company was established in 1935 and has its headquarters in Johannesburg within South Africa. This company carries on with the mining of manganese, iron ore, and chrome ores. The company’s major production share is exported to Europe, the U.S., and India. This company’s functions are also controlled by African Rainbow Minerals and Assore. Assmang through its business division of manganese alloys and ore is involved in the mining, washing, screening, and crushing of ore. The company also carries on the ferromanganese minerals’ smelting and refined ferromanganese production. The mines of this company such as Gloria and Nchwaning mines are located within Black Rock in the Northern Cape Province of South Africa, near Kuruman.
- Vale: This company was established in 1942 and has its headquarters in Brazil in Rio de Janeiro. This company markets and produces fertilizers, pellets and iron ore, copper, ferroalloys, nickel, cobalt, manganese, platinum group metals, and fertilizer. The company is involved in the operation of manganese plants and mines via its subsidiaries. The company also takes care of the ferroalloy plants across Bahia and Minas Gerais in Brazil. Around 90% of the manganese produced by this company is utilized within the steel industry and for fertilizers, animal feed, food, and cars.
- Consolidate minerals: This company was found in 2004 and has its headquarters in the UK in Jersey, Channel Island. The company carries on the mining, exploration, marketing, and processing of the manganese ore and is also involved in the manganese ore production with operations within Ghana and Australia. The business operations of this company takes place via the mining, processing, and exploration of manganese ore. The production of manganese ore with two major metallurgical applications is also carried on by this company.
Hence, the rising penetration of a large number of top players in the market will have a positive impact on the development of the market.