MANGANESE MINES AND MINING – NORTHERN TERRITORY

Cyclone Megan wreaks havoc on South32 manganese port

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Original article by Tom Richardson, Brad Thompson
The Australian Financial Review – Page: 7 : 19-Mar-24

Diversified miner South32 has declined to comment on the damage to export infrastructure associated with its Groote Eylandt manganese mine in the Northern Territory. A bulk carrier struck a loading wharf during strong winds that emanated from Cyclone Megan, causing damage to both the wharf and the vessel. Sources have questioned whether the Groote Eylandt port will become operational again, citing factors such as the cost of repairs and the mine’s remaining life is limited. It is the world’s biggest source of manganese, although South32 has previously indicated that the mine could be exhausted by the end of this decade.

CORPORATES
SOUTH32 LIMITED – ASX S32

BHP to exit manganese in ‘four pillars’ strategy

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Original article by Sarah-Jane Tasker
The Australian – Page: 18 : 25-Jul-14

BHP Billiton has in recent times signalled plans to focus on iron ore, copper, petroleum and coking coal. This means aluminium, coal and nickel operations are likely to be jettisoned, and there is now also speculation that BHP and fellow resources group Anglo American are negotiating on an exit from their manganese joint venture in South Africa and Australia. BHP holds the majority stake of 60% in the three mines and two processing facilities, including an asset on Groote Eylandt in the Northern Territory

CORPORATES
BHP BILLITON LIMITED – ASX BHP|ANGLO AMERICAN PLC|BARRICK GOLD CORPORATION|X2 RESOURCES PARTNERS LP|GLENCORE XSTRATA PLC