{"id":1184,"date":"2024-10-21T19:11:59","date_gmt":"2024-10-21T19:11:59","guid":{"rendered":"https:\/\/esgfrontiers.org\/?p=1184"},"modified":"2024-10-21T19:13:26","modified_gmt":"2024-10-21T19:13:26","slug":"sa-mining-sector-sees-surge-in-ma-interest-for-manganese","status":"publish","type":"post","link":"https:\/\/esgfrontiers.org\/?p=1184","title":{"rendered":"SA MINING SECTOR Sees Surge in M&A interest for Manganese"},"content":{"rendered":"\n

The global manganese market is set to experience significant growth, driven by China’s reviving construction sector and supply disruptions following Tropical Cyclone Megan’s damage to South32’s GEMCO mine in Australia.<\/p>\n\n\n\n

Modor Intelligence reports that the global manganese market is expected to reach US$29.83 billion by 2028, up from US$24.45 billion in 2021. This is a 2.8% compound annual growth rate (CAGR) from 2022 to 2028. <\/p>\n\n\n\n

\u00a0Other predictions from the Silico Manganese Report 2024 suggest that the green industry and renewable energy will propel the silico manganese market to $40 billion by 2028, owing primarily to a burgeoning automotive sector and infrastructure developments.<\/p>\n\n\n\n

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Source: Silico Manganese Report 2024<\/em><\/figcaption><\/figure>\n\n\n\n

The resurgence in demand has re-ignited the mergers and acquisitions markets, with South Africa\u2019s coal giant Exxaro reportedly poised to expand into the manganese sector. Exxaro, which has a cash reserve of R12 billion, is reportedly looking to diversify into the manganese and copper sectors, according to Bloomberg.<\/p>\n\n\n\n

Mining’s Digital Transformation: AI-Driven Growth and Sustainability<\/strong><\/p>\n\n\n\n

The manganese mining sector has witnessed significant improvements in production and safety, driven by the adoption of artificial intelligence (AI) technologies. Advanced AI-driven analysis of geological data enables more accurate exploration and resource estimation, leading to informed decision-making, reduced operational costs and optimised supply chain management.<\/p>\n\n\n\n

Manganese Market Boob: Asia-Pacific Region Leads the Charge<\/strong><\/p>\n\n\n\n

Approximately 90% of the manganese ore extracted worldwide is utilised in steel production. The Asia-Pacific region  is projected to maintain its dominance in the market and is anticipated to experience the highest compound annual growth rate (CAGR) during the forecast period.<\/p>\n\n\n\n

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Manganese trade is projected to remain strong due to the exponential demand for steel in India’s construction sector.<\/em><\/figcaption><\/figure>\n\n\n\n

While China has been the largest consumer of manganese, mainly as feedstock for its steel sector, India is expected to see an increase in both manganese ore production and imports as the country moves towards implementing its 2040 Vision, earmarked to position India as a hub for AI and automation.<\/p>\n\n\n\n

Further demand for manganese is also expected to escalate with the emergence of lithium-ion batteries powering electric vehicles.<\/p>\n\n\n\n

Editor @ ESGFrontiers| @lloydnedohe_<\/p>\n","protected":false},"excerpt":{"rendered":"

The global manganese market is set to experience significant growth, driven by China’s reviving construction sector and supply disruptions following Tropical Cyclone Megan’s damage to South32’s GEMCO mine in Australia. Modor Intelligence reports that the global manganese market is expected to reach US$29.83 billion by 2028, up from US$24.45 billion in 2021. This is a…<\/p>\n","protected":false},"author":1,"featured_media":1187,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,9,41,11],"tags":[],"coauthors":[40,38],"class_list":["post-1184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-featured","category-fulufhelo-lloyd-nedohe","category-latest-news"],"_links":{"self":[{"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/posts\/1184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1184"}],"version-history":[{"count":2,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/posts\/1184\/revisions"}],"predecessor-version":[{"id":1189,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/posts\/1184\/revisions\/1189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=\/wp\/v2\/media\/1187"}],"wp:attachment":[{"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1184"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/esgfrontiers.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcoauthors&post=1184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}