Manganese traded flat at 29.85 CNY/mtu on November 28, 2025. Over the past month, Manganese's price has risen 0.34%, and is up 2.05% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Manganese Ore - values, historical data, forecasts and news - updated on December of 2025.

In 2024, the price for one metric ton of manganese ore in the United States, containing ** percent manganese content, cost, insurance, and freight (CIF) costs, came to an estimated five U.S. dollars. The CIF (Cost Insurance and Freight) indicates that the seller has to pay for shipping to the destination specified in the Incoterms (defines the seller’s and buyer’s respective obligations and responsibilities, in international trade). They also have to buy insurance to cover the risks of transporting goods to the destination.

Price for Manganese Ore and Concentrate in the United States - 2023. Find the latest marketing data on the IndexBox platform.

Price for Manganese Ore and Concentrate in Portugal - 2023. Find the latest marketing data on the IndexBox platform.

This article explores the various factors influencing manganese ore prices in 2023, including global steel demand, economic conditions, and environmental policies. It discusses the price fluctuations within the range of $150 to $250 per metric ton and the impact of new technology demands on pricing. Understanding these influences is crucial for stakeholders navigating the dynamic market.

Manganese stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

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.

Price for Manganese Ore and Concentrate in South Africa - 2023. Find the latest marketing data on the IndexBox platform.

Discover the booming manganese ore market! This in-depth analysis reveals a $15 billion market in 2025, projecting 5% annual growth to 2033, driven by steel production and EV battery demand. Explore key players, regional trends, and market restraints.

As of August 2023, the price of manganese in Ghana was realized at ***** 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 ***** U.S. dollars per metric ton, whereas it was lowest in January 2021 at ***** U.S. dollars per metric ton. Overall, Ghana is one of the leading manganese-producing countries in the world.

Indonesia Referred Price: Mineral: Manganese data was reported at 3.000 USD/DMTU in May 2025. This records a decrease from the previous number of 3.030 USD/DMTU for Apr 2025. Indonesia Referred Price: Mineral: Manganese data is updated monthly, averaging 4.080 USD/DMTU from Oct 2017 (Median) to May 2025, with 92 observations. The data reached an all-time high of 7.410 USD/DMTU in May 2018 and a record low of 2.980 USD/DMTU in Feb 2025. Indonesia Referred Price: Mineral: Manganese data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.

The global manganese ore and concentrate market expanded rapidly to $13.1B in 2024, rising by 13% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $13.3B. From 2023 to 2024, the growth of the global market remained at a lower figure.

1895 Global export shipment records of Manganese Ore with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Snapshot img

Manganese Mining Market Size 2024-2028

The manganese mining market size is forecast to increase by USD 10.94 billion, at a CAGR of 6.78% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for steel and the rising adoption of stainless steel in various industries. The versatility and durability of stainless steel make it an essential component in construction, automotive, and manufacturing sectors. Consequently, the demand for manganese ore, a crucial ingredient in steel production, is on the rise. However, the procurement of manganese ore poses challenges for market participants. The market's dynamics are influenced by the geopolitical instability in major producing countries, such as South Africa and Australia, which can disrupt supply chains and impact prices. Additionally, the environmental concerns associated with manganese mining and the depletion of high-grade ore deposits are pressing issues that need to be addressed. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on sustainable mining practices, diversify their supply sources, and invest in research and development to explore alternative manganese sources and applications.

What will be the Size of the Manganese Mining Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, shaped by a complex interplay of factors. Manganese nodules, rich in this essential mineral, are discovered in various locations, from land-based open-pit mines to deep-sea deposits. Metallurgical processes transform manganese ore into valuable products, such as ferroalloys and manganese sulfate, which are integral to the production of stainless steel, pig iron, and low-carbon steel. Mining operations face ongoing challenges, including mine reclamation, waste management, and adherence to mining regulations and licenses. Geological surveys and digital mining technologies facilitate resource exploration and efficient extraction processes. Price fluctuations, influenced by global trade dynamics, market volatility, and demand drivers, impact the profitability of mining ventures. Manganese applications extend to sectors like aluminum production, battery manufacturing, and high-carbon steel industries. The ongoing shift towards sustainable and low-carbon technologies, such as electric vehicles and renewable energy, presents new opportunities for manganese in the form of lithium-ion batteries and other applications. Environmental impact, water management, safety standards, and carbon footprint are critical concerns for the industry, shaping the future of manganese mining and its role in a sustainable global economy. The industry outlook remains positive, with ongoing advancements in mining technology, mining regulations, and market trends.

How is this Manganese Mining Industry segmented?

The manganese mining industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationAlloysOthersTypeBraunitePyrolusitePsilomelaneRhodochrositeGeographyNorth AmericaUSAPACAustraliaChinaIndiaSouth AmericaBrazilRest of World (ROW)

By Application Insights

The alloys segment is estimated to witness significant growth during the forecast period.The market is characterized by various market dynamics and trends. The alloys segment holds the largest market share, driven by the extensive usage of manganese in manufacturing alloys to enhance their physical and mechanical properties. Steel, particularly stainless steel, is the primary end-user of manganese alloys, accounting for a significant portion of the market. Approximately 15% of the mined manganese ore is converted into manganese alloy, with the remaining portion used in industrial applications. Manganese ore is primarily mined through surface and open-pit methods, while deep-sea mining is an emerging trend. Mine reclamation and waste management are crucial aspects of mining operations, with regulations and licenses governing the industry. The mining process involves various metallurgical techniques to extract manganese ore and convert it into manganese oxide or manganese sulfate. Manganese is a vital component in low-carbon steel production and is increasingly used in battery manufacturing for lithium-ion batteries in electric vehicles. Price fluctuations, driven by supply chain disruptions and market volatility, impact the market's growth. Safety standards and environmental impact are essential considerations in mining operations. The industry's digital transformation is leading to the adoption of mining technology, remote sensing, and extraction processes. Manga

163 Global import shipment records of Manganese Ore Lumps with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Discover the booming manganese mining market forecast to 2033! Explore market size, CAGR, key drivers, regional trends, leading companies (Assmang, BHP, Vale), and segment analysis (metallurgy, chemicals, battery applications). Invest in this crucial mineral resource.

Manganese and other mineral miners have faced volatile operating conditions over the past five years. Industry revenue is expected to fall at an annualised 3.1% over the five years through 2023-24, to total $3.5 billion. Volatile prices and subdued demand conditions, both during and after the pandemic have weighed on industry-wide revenue. Falling global manganese prices, especially in 2022-23, led to a sharp fall in industry-wide profit margins. Revenue is anticipated to edge upward by a 0.6% in 2023-24, because of an uptick in output and a slight improvement in prices in both the tin and manganese ore mining segments. Manganese is used in iron smelting and steel manufacturing processes as a key raw material to strengthen steel. That's why global steel production volumes largely determine demand for manganese, with China being the most significant buyer of output. Other products mined by the industry, like tin and tantalum, are key raw materials in a range of production processes and products. For example, tin is used as an alloy and as plating for steel, while tantalum is used in mobile phones and computers. Although most ores are exported, domestic manufacturers, like steel processors and battery manufacturers, also represent a significant market for miners. Australia's manganese ore production has been volatile over the past decade, with periods of price weakness leading to mines scaling back production and entering care and maintenance. This trend has made it harder for smaller producers to survive, leading to fall in enterprise numbers. Production of tin, the industry's second-largest product, has expanded in recent years. A high proportion of this output is exported to be used as an intermediate input for other goods. Mining revenue is forecast to improve over the next five years, with recovering steel manufacturing activity in China and higher production of other metals leading to a rise in both volume and price. Industry revenue is projected to grow at an annualised 1.1% over the five years through 2028-29, to reach $3.6 billion. A downward trend in wages and purchase costs will also boost profit margins over the period.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

China dominates imports of manganese ore, and shipments to the country are actively rebounding after 2020’s drop in mining and trade worldwide. The country is strengthening its control over the high-purity manganese sector used in electric car batteries. Chinese manganese producers have merged into a conglomerate enabling the country to influence prices and gain a competitive advantage.