- In October 2024, Eramet (France) revised its targets for its manganese activities in Gabon. The company announced plans to enhance the capacity and efficiency of its manganese production in Gabon, aiming to increase its output. This development will benefit Eramet by strengthening its market position in the global manganese industry, particularly in Ferro Manganese production. The increased production capacity is expected to meet the growing global demand for manganese, which plays a crucial role in steel manufacturing. The impact on the market is significant as it will ensure a more stable supply of manganese, potentially reducing volatility in pricing and increasing competition among major manganese suppliers
- In October 2024, OM Holdings Ltd. (Singapore) collaborated with South32 (Australia) for a ferroalloy slag repurposing project. The partnership aims to develop innovative methods for repurposing ferroalloy slag, a by-product of Ferro Manganese production, into valuable products. This collaboration will benefit both companies by enhancing their sustainability practices, reducing waste, and creating new revenue streams from repurposed materials. The impact on the market is expected to be positive, as it introduces environmentally friendly solutions while maintaining the production efficiency of Ferro Manganese. In addition, the project aligns with global trends towards more sustainable mining and manufacturing practices, setting a precedent for other industry players to follow
