Manganese remains a critical battery material for the electric vehicle (EV) and energy storage system (ESS) markets. Although manganese demand is dominated by ferro-manganese production, manganese sulfate demand for the battery market is increasing rapidly. At the same time, the structure of the manganese market is changing as new, geographically diverse supply is brought to market and the increased focus on ESG is leading to strides in cleaning up the supply chain.
Market participants, particularly battery makers and automakers, benefit from a ten-year view. Giving you more flexibility and confidence to include manganese in the chemistry plans as supply diversity grows and ESG concerns lessen. API
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The Fastmarkets manganese long-term forecast leverages our heritage in providing price data and market intelligence in the manganese market. These insights are paired with expert economic modelling and data to provide market participants and investors with unmatched clarity on how the manganese market will evolve in the next ten years.
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The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
This development has led to a tightening market supply and bullish sentiment among traders, despite the immediate aftermath not showing a price hike
Producing battery-grade manganese sulfate in China is “logical” even for non-Chinese companies, due to the country’s strong demand and cost competitiveness, according to the chief executive officer of emerging Australia-headquartered producer Firebird Metals
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