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Message: TEX report

reads like it a Chinese translation of the IMnI report/stats but some interesting takeouts nonetheless.....

Chinese ferroalloy producers under pressure to use less electricity and emit less carbon.... major role for more efficient higher grade Mn ore is therefore likely

similarly Health & Saftey and Environmental concerns are seeing the Chinese import more and more rather than operate marginal, high risk mines themselves

India now competing directly and more agressively with China in ferroalloy market..... this will chase the price of Mn ore higher

Small number of quality new Mn projects coming on stream and the large Kalahari deposits remaining relatively inaccessible and therefore less economic

in short - tight supply, increased demand

http://www.steelguru.com/stainless_steel_news/TEX_review_of_manganese_ore_in_2010_and_its_outlook_for_2011/188332.html

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