掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Exxaro buys manganese mines in $640M diversification push

  • Thursday, May 15, 2025
  • Source:ferro-alloys.com

  • Keywords:Manganese Ore, Chrome Ore, Iron Ore Siliconmanganese, Ferrochrome, Ferrosilicon, SiMn, FeCr, FeSi
[Fellow]Exxaro buys manganese mines in $640M diversification push Invitation forThe 21st China Ferro-Alloys International Conference

[Ferro-Alloys.com]South African coal miner Exxaro Resource has struck a 11.67 billion rand ($640 million) deal to acquire controlling stakes in two key manganese mines marking a major step in its shift toward critical minerals.

The move, announced Tuesday, gives Exxaro majority ownership of the Tshipi Borwa and Mokala mines in South Africa’s Kalahari Manganese Field —home to the world’s largest land-based manganese deposit, with over 4.2 billion tonnes of exploitable high-grade ore. Exxaro will hold 60.1% of Tshipi and 51% of Mokala.

Tshipi, the country’s largest manganese mine and top ore exporter, has the capacity to produce up to 3.5 million tonnes of manganese ore annually. Mokala can produce as much as 1.5 million tonnes per year and is currently operated by a Glencore (LON: GLEN) affiliate, which owns the remaining 49% stake. Glencore holds various rights, including the option to sell its share to Exxaro. The final transaction value could reach up to 14.6 billion rand ($740 million).

The deal, made with Ntsimbintle Holdings and OM Holdings, gives Exxaro a strategic foothold in manganese—used mainly in steelmaking and increasingly in lithium-ion batteries for electric vehicles. Both mines have long-term contracts with customers in China and India, where Exxaro already sells coal.

Ntsimbintle Holdings, a key player in the deal, is the majority shareholder in Tshipi and has other mining and trading interests included in the transaction.

New chief executive officer Ben Magara, who took the helm in April, said the acquisition aligns with Exxaro’s push into “future-facing minerals” while reaffirming its commitment to coal.

“Coal remains a priority for us and vital to South Africa’s economy and energy needs,”  Magara said, adding that the company expects the acquisition to close by early 2026.

Exxaro has been expanding beyond coal over the past two years, with moves into iron ore and renewable energy. It has also targeted copper, but it lost a bid for Botswana’s Khoemacau mine to Chinese miner MMG Ltd.

South Africa, Gabon and Australia account for more than two-thirds of the world’s manganese production.

 
  • [Editor:tianyawei]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 郓城县| 遵义县| 阿拉尔市| 绥德县| 云安县| 德州市| 绥中县| 乌恰县| 观塘区| 固始县| 紫金县| 南召县| 阿坝县| 邻水| 玉林市| 宜君县| 开江县| 夏津县| 修水县| 苏尼特左旗| 星子县| 兰西县| 民丰县| 陆河县| 苏尼特右旗| 洪雅县| 辽宁省| 治多县| 旌德县| 旬阳县| 霍邱县| 班玛县| 分宜县| 琼海市| 共和县| 漳平市| 叶城县| 图木舒克市| 舟曲县| 灵璧县| 浠水县|