United Manganese of Kalahari (UMK), a prominent local miner, has transitioned from road freight to rail for transporting manganese ore and is limiting exports to adapt to current market conditions.
CEO Malcolm Curror explains that major markets, such as China, have ample stockpiles, leading to a reduced demand for manganese from South Africa.
While manganese prices saw a brief surge earlier in the year, the current market does not justify the use of multiple transportation methods.
By limiting exports, UMK aims to manage resources responsibly and respond effectively to shifting market trends. “UMK remains committed to optimizing operational efficiency and minimizing disruptions by exclusively using rail for manganese exports,” says Curror.
UMK, the fourth-largest manganese producer in South Africa, operates an open-pit mine in the Kalahari manganese field in the Northern Cape.
The company continues to monitor global market conditions and will adjust its strategy as needed to ensure sustainable growth.
