South 32: South Africa Manganese saleable production increased by 8%

South Africa Manganese saleable production increased by 8% (or 119kwmt) to a record 1,641kwmt in the nine months ended March 2024 as the operation delivered improved mining performance, and planned maintenance was deferred to the June 2024 quarter. FY24 production guidance remains unchanged at 2,000kwmt.

Sales decreased by 14% in the March 2024 quarter due to the timing of shipments. Its year to date realised price for manganese ore sales was a premium of approximately 6% to the medium grade 37% manganese lump ore index on a M-1 basis, as we increased volumes of premium material from our Wessels mine.

AUSTRALIA MANGANESE

Australia Manganese saleable production decreased by 13% (or 352kwmt) to 2,324kwmt in the nine months ended March 2024 as we temporarily suspended operations due to the impacts of Tropical Cyclone Megan.

The intense weather system resulted in widespread flooding across Groote Eylandt and significant damage to critical infrastructure, including the wharf and port infrastructure and a haulage road bridge that connects the northern pits of the Western Leases mining area and the processing plant.

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