Tag: Markets

UMK switches to rail as manganese stocks reach saturation in key markets

UMK switches to rail as manganese stocks reach saturation in key markets

United Manganese of Kalahari (UMK) today announced that the company will be pausing all road freight transportation of manganese and switching exclusively to rail. The decision comes in response to challenging market conditions, said chief executive Malcolm Curror. “Presently, stockpiles in major markets like China are healthy, and this has […]