The 2024 Surge in Manganese Prices: A Comprehensive Analysis

In 2024, manganese, an essential component in steel production, will experience a significant increase in price, nearly doubling its market value. This surge is primarily attributed to a supply shock caused by a cyclone that disrupted operations at the Groote Eylandt Mining Co. (GEMCO) in Northern Australia. The storm damaged critical transport and port infrastructure, […]