Monthly average prices of manganese ore have fallen steeply, as assessed by BigMint. For instance, prices of Mn 37% lumps imported from South Africa fell to a 4-year low of $3.68/dmtu in December 2023. In contrast, in February, prices stood at 3.95/dmtu which showed an uptrend. Mn 44% lumps of Gabon-origin were at their lowest point similar to December 2020 prices. The December 2023 price was at $4.32/dmtu, while Australian lumps of Mn 46% were also at the bottom and stood at $4.68/dmtu. Similar levels had been recorded in August 2020 ($4.64/dmtu).
