Tshipi Borwa manganese mine boosts Jupiter to R336-million interim profit

South Africa’s Tshipi Borwa manganese mine provided ASX-listed Jupiter Mines with an interim profit of R336-million, while its Australian Mount Ida magnetite and Mount Mason direct shipping ore hematite projects remain under care and maintenance. “During the half-year period, the focus was on the sustained increased production at the Tshipi Borwa mine. The mine is now one of the largest and lowest-cost manganese exporters globally, the largest in South Africa and the third-largest in the world,” noted the company in its interim results covering the six months to August 31.