Insight
GEMCO shutdown hits South32 and alloy smelters
Report summary
South32's Australian manganese operations (GEMCO) will be suspended until early 2025 after a tropical cyclone hit critical wharf and port infrastructure in mid-March. GEMCO is the second-largest manganese mine in the world, making up almost a third of global high-grade ore output and 14% of South32's EBITDA in FY2023. Our insight delves into how this will impact South32 and the manganese market.
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