UMK TO REDUCE MANGANESE PRODUCTION AND SALES

  • Thursday, January 4, 2024
  • Source:ferro-alloys.com

  • Keywords:Ferroalloy, Vanadium, Molybdenum, Tungsten, Manganese Ore, Chrome Ore,Iron Ore
[Fellow]UMK TO REDUCE MANGANESE PRODUCTION AND SALES

[Ferro-Alloys.com]  Johannesburg: United Manganese of Kalahari (UMK) announced today that, in response to the worsening market conditions, it will reduce the production of manganese ore and concomitant to that, the sale of its ore products, for the time being.

“Softened demand side conditions have informed our decision to ease production and sales,” said UMK chief executive Malcolm Curror.

He added that the company will return to normalised manganese outputs when the market recovers.

Curror noted that the temporary slowdown in production and sales will have no impact on the company’s employee body.

UMK is the fourth largest producer of Manganese in South Africa with operations in the Northern Cape province.

Source: UMK 

  • [Editor:tianyawei]

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