Manganese mining supports a critical industry supplying manganese ore primarily for steel production and chemical applications, with global output dropping to 18.8 million tons in 2024 (-9%), reflecting sharp declines in Australia (-64% due to Cyclone Megan) and Gabon (-11% after Moanda’s Q4 shutdown), partially offset by South Africa’s 13% rise in semi-carbonate ore. Global resources are substantial, concentrated in South Africa, Australia, and Gabon, with South Africa accounting for nearly 50% of 2024 seaborne supply. The industry is driven by its indispensable role in carbon steel, with 2024 global output at 1.883 billion tons (-1%), and faces supply volatility from weather and operational disruptions.
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Market Size and Growth Forecast
The manganese mining market is anticipated to reach USD 17-20 billion by 2025, with a CAGR of 0.5%-1.5% through 2030, driven by steady steel production needs and limited supply expansion.Regional Analysis
Africa, led by South Africa, expects growth of 0.5%-1.5%, bolstered by its dominant seaborne supply role, with trends showing resilience despite global declines. Oceania, primarily Australia, anticipates growth of 0.2%-1%, recovering from 2024’s cyclone impact, with a focus on export recovery. Asia Pacific projects growth of 0.5%-1.5%, with China’s steel demand driving imports, though domestic mining is limited. Gabon expects growth of 0.2%-1%, constrained by operational setbacks.Application Analysis
- Metallurgy: Projected at 0.5%-1.5%, this dominates due to steel production, with trends toward higher-grade ores for efficiency.
- Chemicals: Expected at 0.2%-1%, used in fertilizers and batteries, with slow growth tied to niche applications.
Key Market Players
- South32: An Australian firm, South32 leads in manganese mining globally.
- Consolidated Minerals: A major player, it focuses on manganese in Australia and Ghana.
- Anglo American: A UK-based firm, it integrates manganese with its metals portfolio.
- South Manganese Group: A Chinese company, it targets domestic steel needs.
- ERAMET: A French firm, ERAMET excels in manganese mining in Gabon.
- Vale: A Brazilian giant, Vale supplies manganese regionally.
- African Rainbow Minerals: A South African firm, it leverages rich deposits.
- Jupiter Mines: An Australian company, it focuses on manganese exports.
- Kudumane Manganese Resources: A South African player, it supports local supply.
- Western Region Gold: A Chinese firm, it explores manganese opportunities.
- Ningxia Tianyuan Manganese: A Chinese leader, it dominates regional production.
Porter’s Five Forces Analysis
- Threat of New Entrants: Low. High capital and resource concentration deter entry.
- Threat of Substitutes: Low. Manganese’s steel role lacks direct alternatives.
- Bargaining Power of Buyers: Moderate. Steel makers have leverage, balanced by supply limits.
- Bargaining Power of Suppliers: High. Few producers control output.
- Competitive Rivalry: Moderate. Key players compete on volume and quality.
Market Opportunities and Challenges
Opportunities
- Steel Demand: Stable carbon steel production sustains need.
- Battery Growth: Manganese’s role in batteries offers potential.
- Emerging Markets: Africa holds untapped reserves.
- Supply Recovery: Post-2024 rebound opportunities exist.
- Efficiency Gains: Technological advances boost yields.
Challenges
- Supply Volatility: Weather and shutdowns disrupt output.
- Environmental Regulations: Stricter rules raise costs.
- Ore Grade Decline: Lower quality impacts profitability.
- Economic Sensitivity: Steel cycles affect demand.
- Capital Constraints: Limited investment slows growth.
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Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Manganese Mining Market in North America (2020-2030)
Chapter 10 Historical and Forecast Manganese Mining Market in South America (2020-2030)
Chapter 11 Historical and Forecast Manganese Mining Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Manganese Mining Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Manganese Mining Market in MEA (2020-2030)
Chapter 14 Summary For Global Manganese Mining Market (2020-2025)
Chapter 15 Global Manganese Mining Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- South32
- Consolidated Minerals
- Anglo American
- South Manganese Group
- ERAMET
- Vale
- African Rainbow Minerals
- Jupiter Mines
- Kudumane Manganese Resources
- Western Region Gold
- Ningxia Tianyuan Manganese