Australia's South32 logs higher fourth-quarter manganese output
The company's Groote Eylandt Mining Co (GEMCO) project in Australia's Northern Territory faced inclement weather in early 2025, making it difficult to get production back on track after a tropical cyclone damaged the site's vital infrastructure a year ago.
"Australia Manganese successfully resumed export shipments during the quarter, marking a significant recovery from the impacts caused by Tropical Cyclone Megan," the company said in a statement.
The world's largest producer of manganese, which is used to improve the quality and strength of steel, clocked output of 1.1 million wet metric tons (wmt) of the steel-making ingredient for the quarter ended June 30, up from 534,000 wet metric tons a year earlier.
The result beat a Visible Alpha consensus estimate of 850,000 wmt, as per Barrenjoey.
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