South32's Mn ore share of output falls by 5% in H1 FY24

South32 Ltd, the world's largest manganese miner headquartered in Perth, Western Australia, said that its share of manganese ore output from joint ventures in Australia and South Africa declined by 5% on year to 2.94 million wet metric tonnes (wmt) over July-December, the first half of its 2024 financial year, according to its latest quarterly report released on January 22. FY24 spans July 2023 to June 2024, Mysteel Global notes.

South32 holds 60% of the manganese ore venture in Australia, while its share of South Africa Manganese is 54.6%, the report showed. The on-year fall in its manganese output was mainly seen in the production at its Australia Manganese joint venture, where the production decreased by 165,000 wmt or 9%