According to this link, price at the Port of Tianjin for Australian manganese ore (Mn48%, lump) was RMB 46.5-47/mtu. If the google currency conversion is right too, then it is AUD7.75/mtu or AUD372/tonne of Mn48%. To be honest, I am not sure if it is right at the moment but if it can hold at around this figure, we will have a good start for this project.
KAB Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held