Department insists it wants manganese beneficiated in SA despite the South African processing industry shutting smelters SA HAS the greatest manganese resource on the planet, but the domestic industry to extract and process the mineral appears in disarray. Global prices for the steel ingredient are deep in the doldrums, while high and rising electricity prices are threatening to close all the country’s smelters.The Department of Mineral Resources insists it wants manganese beneficiated in SA despite the South African processing industry shutting smelters or curtailing production because operations have become uncompetitive as electricity prices increased 255% since 2009. With Eskom pushing for further increases to fund new power plants and to pay for diesel to fuel generators, the outlook is bleak, warned Hilgard Rademeyer, a director at Witbank manganese alloy smelting company Transalloys.Transalloys, one of the few remaining manganese smelting companies at full production, issued ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.