Tshipi is now the largest exporter of manganese ore from South Africa, according to Jupiter Mines. For the five months to July 2017, Tshipi exported over 1.3-million mt, making it the largest exporter of manganese ore from South Africa.
Column 1 0 Tshipi now South Africa’s largest Mn ore exporterby alanpatrickryan
Tshipi remains on track to achieve its record production target of 3-millionmt for the 2018 financial year. At these levels it is the third largest manganese producer globally. Should the existing production levels and manganese prices continue, Tshipi will deliver the ZAR500-million distribution to its shareholders in September 2017. As a result, Jupiter will distribute a further US$25 million to its shareholders.
Obviously the more ore it exports, the value of the company improves during the sales process.
Tshipi now South Africa’s largest Mn ore exporterby...
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