Explore the fluctuating dynamics of the manganese market influenced by supply constraints, global steel demand, and the rise of electric vehicles. Discover how geopolitical factors, economic conditions, and emerging technologies impact manganese pricing and market stability.

Global manganese prices are expected to remain flat at around 4.5 U.S. dollars per metric ton unit CIF between 2020 and 2022. This would be a stark contrast to the time period between 2016 and 2019, when volatility was roiling the market. Recently, there has also been a widening gap between low- and high-grade manganese ore variants. A critical material     An essential agent in steelmaking, manganese is most commonly used to improve either the strength or ductility of steel. In order to produce steel, the United States imports approximately 700,000 metric tons of metals, ferroalloys, and selected chemicals containing manganese every year. In 2018, 100 percent of the manganese used in the United States was imported from other countries. The commodity is thus listed as a critical material by the U.S. Geological Survey. Australia, South Africa, Brazil, China, and Gabon are among the main producers of manganese ore. Other uses    However, metallurgy is not the only application where this critical material is used: battery making is the most important other application involving manganese, which is used in some lithium-ion and alkaline batteries.

In the fourth quarter of 2023, the price of manganese in China reached 2382 USD/MT by December. Similarly, the global price of manganese reached 2627 USD/MT in the same month.

Explore IMARC’s newly published report, titled “Manganese Pricing Report 2025: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of manganese pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

As of August 2023, the price of manganese in Ghana was realized at 50.87 U.S. dollars per metric ton, a decrease compared to the same period in 2022. Moreover, the price of this commodity peaked in April 2018 at 74.55 U.S. dollars per metric ton, whereas it was lowest in January 2021 at 49.28 U.S. dollars per metric ton. Overall, Ghana is one of the leading manganese-producing countries in the world.

Explore the top import markets for manganese ore and concentrate, including China, India, Norway, and more. Understand the global demand for this essential commodity and the key statistics behind these import markets.

South32's manganese production exceeds expectations post-cyclone, boosting the company's prospects amid growing steel demand in China.

Explore the factors influencing ferro manganese prices, including demand-supply dynamics, production costs, geopolitical events, and environmental regulations. Understand the impact of the steel industry, mining activities, and market speculation on this essential industrial commodity, with insights into recent trends and future pricing outlooks.

Australia's Economic Demonstrated Resources (EDR) for the following 18 mineral commodities increased during 2008 - black coal, copper, gold, iron ore, lead, lithium, manganese ore, molybdenum, nickel, niobium, rare earth oxides, silver, tantalum, tungsten, uranium, vanadium, zinc and zircon. In the same period, EDR of nine commodities decreased - brown coal, cobalt, diamonds (gem and industrial), mineral sands (ilmenite and rutile), platinum group elements, shale oil and tin. EDR for antimony, bauxite, cadmium, magnesite, and phosphate rock remained at levels similar to those reported in 2007.

World ranking: Australia's EDR of brown coal, mineral sands (rutile and zircon), nickel, silver, uranium, zinc and lead remain the world's largest, while antimony, bauxite, black coal, copper, gold, industrial diamond, iron ore, ilmenite, lithium, manganese ore, niobium, tantalum and vanadium all rank in the top six worldwide.

Resource life: Ratios of accessible Economic Demonstrated Resources (AEDR) to current mine production provide indicative estimates of the resource life. AEDR of most of Australia's major commodities can sustain current rates of mine production for many decades. Resource life based on ore reserves is lower, reflecting a shorter term commercial outlook.

Over the decade 1997 to 2008 there has been a significant trend towards lower AEDR/production ratio for coal and iron ore, which was the nett result of major increases in production and reassessment of resources.

Commodities with resource life of less than 50 years are diamonds (about 10 years at current rates of production), manganese ore (20 years), gold (30 years), zinc (35 years) and lead (40 years).

The severe world financial crisis in late 2008 highlighted the fact that a long resource life for a particular commodity is not a guarantee that such resources will continue to be exploited in Australia. In an increasingly globalised and competitive commodity market, multinational mining companies are continually in search of mineral deposits that will offer attractive returns on their investment. Such returns are influenced by the quality of the resources (grade and tonnage) as well as environmental, social and political factors, land access and even the location and scale of the competitor projects - individual mine projects in Australia will be ranked by multinational corporations against the investment returns from other deposits worldwide.

Australia's continuing position as a premier mineral producer is dependent on continuing investment in exploration to locate high quality resources and/or to upgrade known deposits in order to make them competitive on the world market, and investment in beneficiation processes to improve metallurgical recoveries.

Australia's Identified Mineral Resources 2009 provides information on and analysis of mineral exploration expenditures in Australia for the calendar year 2008. Trends in expenditure are presented and discussed.

You can also purchase hard copies of Geoscience Australia data and other products at http://www.ga.gov.au/products-services/how-to-order-products/sales-centre.html

In 2001, Australia's economic demonstrated resources (EDR) of bauxite, copper, gold, lead, magnesite, ilmenite, zircon, nickel, phosphate, PGM, tantalum, silver, vanadium and zinc increased, while those of black coal, diamonds, iron ore, lithium, manganese ore and uranium decreased. EDR of brown coal was maintained at levels similar to those reported in 2000. The reductions in EDR were due mainly to ongoing high levels of production; with low commodity prices a subsidiary factor.

EDR of gold, nickel and mineral sands reached record levels. Gold EDR rose by 4% and was over 80% of total demonstrated resources, this increase in resources continuing the established long-term growth trend for gold. In recent years that trend has continued despite falling exploration expenditure reflecting an increasing trend to concentrate exploration efforts in brownfields regions in response to the sustained period of depressed gold price.

Australia, continues to rank as one of the world's leading mineral resource nations. It has the world's largest EDR of lead, mineral sands, nickel, silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides and gem/near gem diamond.

Mineral exploration expenditure rose by 1% to $683.3 million in 2000-01, which was the first increase in annual exploration spending since 1996-97. However spending for calendar year 2001, based on the sum of ABS four-quarter figures, was down by $12 million to $664.4 million.

Production of many mineral commodities again reached record levels in 2000-01, and overall mine production is projected by ABARE to rise in the five years to 2006-07 with the exception of gold which they forecast will fall by 6%. ABARE have projected a very high growth of some 60% for mine production of nickel in this period. Increases are also forecast for mine production of coal (+17%), copper (4%), lead (3%), zinc (12%), bauxite (17%) and iron ore (19%).

In 2021, iron and manganese ore was the most exported product of Ukraine, amounting to 40 percent of the total rail exports registered that year. These commodities are generally used in the iron and steel manufacturing industries. That year, cereal (grain) cargoes ranked second most exported goods, with 26 percent of the rail export share.

Commodity Building Sold: Residential: Henan: Jiaozuo data was reported at 11,354.000 RMB mn in 2021. This records an increase from the previous number of 9,627.000 RMB mn for 2020. Commodity Building Sold: Residential: Henan: Jiaozuo data is updated yearly, averaging 5,340.030 RMB mn from Dec 2005 to 2021, with 17 observations. The data reached an all-time high of 12,316.220 RMB mn in 2017 and a record low of 616.000 RMB mn in 2005. Commodity Building Sold: Residential: Henan: Jiaozuo data remains active status in CEIC and is reported by Jiaozuo Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKG: Commodity Building Sold: Prefecture Level City: Residential.

United States Imports: cif: Tools for Tapping or Threading, Parts, of Bs Metal data was reported at 13.908 USD mn in Dec 2024. This records an increase from the previous number of 12.922 USD mn for Nov 2024. United States Imports: cif: Tools for Tapping or Threading, Parts, of Bs Metal data is updated monthly, averaging 9.559 USD mn from Jan 2002 (Median) to Dec 2024, with 276 observations. The data reached an all-time high of 15.146 USD mn in Oct 2022 and a record low of 2.824 USD mn in Jan 2003. United States Imports: cif: Tools for Tapping or Threading, Parts, of Bs Metal data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.JA136: Imports: by Commodity: 6 Digit HS Code: HS 79 to 84.

In 1999, Australia's economic demonstrated resources (EDR) of bauxite, diamond, gold, iron ore, manganese ore, magnesite, mineral sands (ilmenite, rutile, and zircon), nickel, phosphate rock and tantalum rose, while those of copper, coal (black and brown), lead, lithium, silver, uranium and zinc fell. The reductions in EDR were due mainly to ongoing high levels of production; commodity prices were a subsidiary factor. EDR of all other commodities remained effectively unchanged. EDR of bauxite and manganese ore increased by 16% and over 22% respectively, following reviews of resources information that became available during the year. Increases in EDR of both gem/near gem and industrial diamond resulted from delineation of additional resources in Western Australia. EDR of nickel and tantalum again reached record levels. Gold increased by 14%, surpassing the previous EDR high established in 1996. Australia continues to rank highly as one of the world's leading mineral resource nations. It has the world's largest EDR of lead, mineral sands, nickel, silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, copper, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides, gem/near gem diamond and vanadium.

The mineral industry is an integral part of the Australian economy, generating $29,785 million in export revenue in the 1993-94 financial year. This was over 60% of all commodity exports for the year. Such an important contribution was possible because of the large and diverse resources that sustain the industry.

Economic demonstrated resources (EDR) of several commodities, including gold, ilmenite, manganese, magnesite, zinc, tin and silver, rose substantially in 1994. EDR for cadmium, diamond and vanadium fell significantly, and for other commodities remained steady or showed minor variation over the year.

Exploration expenditure continued to be dominated by the search for gold. Figures published by the Australian Bureau of Statistics (ABS) show that in 1993-94, $793 million was spent on mineral exploration of which 57% was on gold. Expenditure on diamond exploration rose by 54% to $58 million.

Successful exploration programs have maintained Australia's position as one of the world's premier resource nations despite continued high rates of production. Australia is one of the world's top six countries for resources of commodities as diverse as bauxite, bismuth, gold, mineral sands, lithium, iron ore, lead, silver, manganese, zinc, tantalum and uranium.

In 1998, Australia's economic demonstrated resources (EDR) of cobalt, copper, magnesite, gold, ilmenite, nickel, platinum group metals, tantalum and vanadium increased while those of diamond, iron ore, lead, manganese ore, lithium, silver, uranium, tin and zinc diminished. The reductions in EDR were due mainly to ongoing high levels of production; commodity prices were a subsidiary factor. EDR of all other commodities remained essentially unchanged. EDR of nickel and tantalum reached record levels in 1998. Gold increased slightly and maintained a flattening-off trend in EDR that has been evident since the mid-1990s. Black coal and bauxite EDR remained around levels established in the late 1980s and mid-1990s respectively. A decrease of almost 8% in iron ore EDR is attributable to production and a comprehensive review of resources information that became available during the year. Australia continues to rank highly as one of the world's leading mineral resource nations. It has the world's largest EDR of lead, mineral sands (ilmenite, rutile, and zircon), nickel, silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, copper, cobalt, gold, iron ore, lithium, manganese ore, rare earth oxides, industrial diamond and vanadium.

Geoscience Australia provides information on the nation's future capacity to produce mineral resources. Australia's Identified Mineral Resources is an annual nation-wide assessment of Australia's ore reserves and mineral resources. All major and a number of minor mineral commodities mined in Australia are assessed. It includes international rankings, summaries of significant exploration results, brief reviews of mining industry developments, and an analysis of mineral exploration expenditure across the States and Northern Territory. AIMR provides governments, industry, the investment sector and general community with an informed understanding of Australia's known mineral endowment and level of exploration activity. An important objective is to monitor whether resources are being discovered and developed for production at rates sufficient to maintain Australia's position as a major supplier of mineral commodities.

Australia's economic demonstrated resources (EDR) for the following 18 mineral commodities increased during 2007 - antimony, bauxite, cobalt, copper, gold, iron ore, manganese ore, ilmenite, rutile, zircon, molybdenum, nickel, rare earths, silver, tungsten, uranium, vanadium and zinc. In the same period, EDR of eight commodities - black coal, cadmium, diamonds (gem and industrial), lead, niobium, phosphate rock, platinum group metals and tantalum decreased. EDR for brown coal, lithium, magnesite, shale oil and tin remained at levels similar to those reported in 2006.

Increases in EDR were due to on-going drilling and evaluation of known deposits resulting in the transfer (re-assessment) of resources from inferred or sub-economic categories into EDR and the discovery of new deposits or extensions of known deposits. Sustained increases in prices for most metal and mineral commodities over recent years has allowed companies to re-assess the economic viability of lower grade resources and deposits which previously were considered to be uneconomic. Overall this has contributed to an increase in EDR for many metal and mineral commodities.

In 1992-93 the value of mineral exports was $29 748 million, which was almost 63% of all commodity exports for that year.

Australia's gold and base metal resources in the Economic Demonstrated Resources (EDR) category increased significantly in 1993. In contrast, diamond EDR decreased substantially for both industrial and gem categories, but subeconomic resources for both categories rose sharply. Other major commodities such as bauxite, black coal, brown coal, iron are, manganese ore, mineral sands and nickel had minor or no change in EDR.

During the past year there were successful exploration programs at many known deposits and in greenfield regions. At a number of mines resources were increased progressively despite mining over an extended period.

Mineral exploration expenditure in Australia rose marginally in 1992-93 to $631.8 million, indicating some recovery from the downward trend of the last four years. Gold continued to be the main exploration target, attracting 50.7% of the total 1992-93 expenditure.

Australias known resources of a wide range of mineral commodities are considerable in comparison with rates of production. Australia has the worlds largest economic demonstrated resources of bauxite, lead, zinc, silver, ilmenite, rutile, zircon, tantalum, and uranium. In addition, Australia is ranked in the top three countries in the world for economic demonstrated resources of brown coal, copper, cobalt, gold, iron ore, manganese ore, nickel , gem/near-gem and industrial diamond. Despite a high rate of discovery of significant new mineral deposits, particularly since the 1950s, there is considerable potential for discovery of further mineral deposits in Australia. This is indicated by the abundance of high-quality known resources and the ange of prospective geological settings. Increasingly, future discoveries are likely to be in regions where there has been little exploration to date because of their remoteness or the presence of concealing regolith or sedimentary cover. The few widely used mineral commodities for which Australia has low levels of demonstrated resources include chromium, platinum group metals, trona, and some components of fertilisers, such as potassium salts, and elemental sulphur. Given the acceptance of widespread multiple or sequential land use, which accommodates responsible exploration and mining, Australia is very well placed to maintain its position as one of the worlds major suppliers of a wide range of mineral commodities.

In 1996, Australia's Economic Demonstrated Resources (EDR) of cobalt, gold, nickel, phosphate rock and tantalum increased substantially, while EDR of bauxite, lead, lithium, platinum group metals (PGM), silver and zinc rose slightly. There was a significant reduction in EDR of gem and near gem diamond and industrial diamond due to ongoing high levels of production. Magnesite and tin EDR were also significantly reduced as a result of depletion due to production and reassessment of deposits. EDR of all other commodities remained unchanged or had minor reductions.

Australia continues to rank highly as one of the world's leading mineral resource nations. It has the world's largest EDR of bauxite, lead, mineral sands (ilmenite, rutile and zircon), silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for black coal, brown coal, cobalt, copper, gold, iron ore, lithium, manganese ore, nickel, rare earth oxides, gem and near gem diamond and industrial diamond.

Mineral exploration expenditure rose by 7.5% in 1995-96 to $960.2 million from $893.3 million in the previous year. Increases were recorded in all states and the Northern Territory. Gold was again the main target, accounting for 57% of the total expenditure.

In 1995-96 mineral resources exports increased to a new record of $34.7 billion (thousand million), a rise of 12.7% over the previous fiscal year. These export earnings comprised 60% of Australia's commodity exports, 45% of merchandise exports and 35% of the country's total exports of goods and services. The Australian Bureau of Agricultural and Resource Economics (ABARE) forecast export earnings to set a further record in 1996-97, rising by nearly 4% to over $36 billion.

Geoscience Australia provides information on the nation's future capacity to produce mineral resources. Australia's Identified Mineral Resources is an annual nation-wide assessment of Australia's ore reserves and mineral resources. All major and a number of minor mineral commodities mined in Australia are assessed.

Australia's economic demonstrated resources (EDR) of the following mineral commodities increased during 2004 - bauxite, black coal, copper, gold, iron ore, ilmenite, lead, manganese, rare earth elements, tantalum, tin, uranium and zinc. EDR of cobalt, diamonds (both gem and industrial), lithium, phosphate, rutile, silver, tungsten and zircon decreased during the year. EDR for brown coal, magnesite, molybdenum, nickel, niobium, platinum group metals, shale oil, and vanadium remained at levels similar to those reported in 2003.

Increases in EDR were due to on-going drilling and evaluation of known deposits resulting in the transfer (re-assessment) of resources from inferred or sub-economic categories into EDR, and discoveries of new deposits or extensions of known deposits. Newly delineated resources of 1 256 t added to gold's total national inventory, with growth in all east coast mainland states and South Australia. A few mining companies re-estimated ore reserves and mineral resources more conservatively for some commodities to comply with the requirements of the Australasian Code for Reporting of Mineral Resources and Ore Reserves (JORC Code).