UMK responds to weak market conditions by switching to rail, limiting exports

Local miner United Manganese of Kalahari (UMK) has decided to switch from using road freight transportation to rail for the transport of manganese ore, as well as to limit its exports to align with current supply and demand dynamics.

CE Malcolm Curror explains that stockpiles in major markets such as China are currently healthy, leading to a decline in demand from South Africa. While the price of manganese enjoyed a buoyant period in the middle of the year, it was short-lived and current market conditions do not support the need for multiple transportation methods.

发布者:Dr.Durant,转转请注明出处:https://robotalks.cn/umk-responds-to-weak-market-conditions-by-switching-to-rail-limiting-exports/

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