General Motors and LG Energy Solution plan to retrofit their Tennessee manufacturing site to mass-produce lithium-manganese-rich battery cells through their Ultium Cells joint venture.
State-owned miner MOIL has implemented a 5 percent price increase for manganese ore shipments beginning in the fourth quarter.
MOIL has cut prices for the third consecutive month, while the Belkundi mine, which had been shut down for 17 years, is seeing a turnaround toward resumption of production.
The company aims to double its production to 3.5 million tonnes by 2030-31 and explore for minerals in Ghana, Mozambique, and Zambia; however, its own manganese ore quotations have seen consecutive price cuts over the past four months.
With nearly 10 million tonnes of manganese ore still relying on truck transport in 2025, miners are now bringing capital and long-term commitments. However, South Africa has previously failed to deliver on similar reform pledges more than once.
Tata Steel has designated BRPL as the developer and operator for the Joda West manganese deposit in India’s Odisha state.
Gabon has signed an agreement with Eramet that will ban raw manganese ore exports starting in 2029, according to the reported source.
Accelerate Resources has discovered more than 200 manganese outcrops covering about 9.7 hectares at its Woodie Woodie North manganese project, with rock chip grades reaching up to 58.4% manganese.
A market report said silicomanganese production cuts have pushed prices into a bottom zone where cost support is firm but upward momentum remains limited, with the main November contract range at 5,550-5,900 yuan/tonne.
Silico-manganese futures rebounded from lows, currently at 5,722 yuan/t, up 0.14%, with a positive basis.
A White Oak consortium is bidding to restart the Bell Bay manganese smelter in Tasmania.
On Thursday, silico-manganese futures strengthened in volatile trading, with the main contract closing at 5,676 yuan/tonne, up 1% from the previous session, while open interest fell by 43,321 lots to 406,600 lots.
The silico-manganese market fluctuated, with futures contract 2609 closing at 5,668. HBIS's first-round inquiry for August was 5,800 yuan/tonne, down 150 yuan from July; inventories accumulated to 463,000 tonnes.
On Thursday, manganese-silicon futures strengthened, with the main contract closing at 5,676 yuan/tonne, up 1% from the previous session, and open interest down 43,321 lots to 406,600 lots. A major Hebei steel mill launched an August tender for 21,100 tonnes at an inquiry price of 5,800 yuan/tonne, down 150 yuan/tonne from July.
A major Hebei steel mill set its August SiMn 6517 tender inquiry price at 5,800 yuan/mt on a tax-included acceptance basis, down 150 yuan/mt from July's settlement.
On August 6, silicon-manganese futures prices fluctuated narrowly, with the main contract settling at 5,634 yuan/tonne, up 0.04% period-on-period, while open interest rose by 3,084 lots to 449,900 lots.
Alloy futures prices are fluctuating, while spot prices rose slightly.
In July, the electrolytic manganese market showed characteristics of low-level stalemate and narrow fluctuations.