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GULF MANGANESE CORPORATION LIMITED - Discussion

Gulf Manganese Corporation Limited is focused on developing a ferromanganese smelting... Gulf Manganese Corporation Limited is focused on developing a ferromanganese smelting business in West Timor, Indonesia to produce and sell low carbon ferromanganese alloy. The Company purchases Indonesian manganese ore at the smelter gate and provides a route to market for Indonesian miners with a cement manufacturing industry in the province. The Company is progressing with permitting to allow the sale and shipment of manganese concentrates under the Indonesian provision for smelting and processing companies to sell concentrate during construction to assist with cash flow. Through its subsidiary PT Gulf Mangan Grup, the Company is constructing a ferromanganese (FeMn) smelting hub in Timor, Indonesia.More