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Manganese: the next hot battery metal
By Tim Boreham, Editor, The New Criterion
Move over lithium, graphite, cobalt and copper: manganese is fast emerging as the next ‘battery metal’ story to titillate investors.
The back story is similar: with manganese usage dominated by China and supply emanating from largely unattractive or unreliable geographies, western world car and battery makers are desperate to get their paws on the processed high-grade material.
For eons, manganese has been used as a strengthening agent in steel. 90% of output is deployed in this way and given the strength of Chinese steel-making – as reflected in record iron ore prices – this sector is attractive in itself.