SA and Australia produces about 50% of the world's manganese.
https://www.nsenergybusiness.com/features/manganese-producing-countries/
Most of SA's manganese is in the Kalahari and that's where Jupiter is in. Even if China refuses to buy from Australian owned companies now, with 70% of the global reserves in the Kalahari, it's just a matter of time before they come knocking after their own reserves run out. Besides, even though China accounts for 50% of the world steel production, the other 50% will buy from us if China bids up the manganese prices from other producers. Sooner or later our manganese will be competitive, just like what China did to coal.
https://www.worldsteel.org/media-centre/press-releases/2020/Global-crude-steel-output-increases-by-3.4--in-2019.html
SA and Australia produces about 50% of the world's...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.3¢ |
Change
-0.008(2.68%) |
Mkt cap ! $529.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 26.5¢ | $1.791M | 6.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 624461 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 378747 | 34 |
View Market Depth
| Last trade - 14.26pm 05/07/2024 (20 minute delay) ? |
| JMS (ASX) Chart |