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China’s TMI injects A$30m into Woodie Woodie manganese restart

By:  
Creamer Media Senior Deputy Editor: Australasia
 
MANGANESE
China’s Ningxia Tianyuan Manganese Industry Company (TMI) will invest some A$30-million to restart operations at the Woodie Woodie manganese mine, in Western Australia. Owner Consolidated Minerals (ConsMin) suspended operations at the mine at the start of 2016 on the back of declining manganese prices. TMI, which took control of ConsMin in May this year, said this week that it had been buoyed by a sustained increase in the global prices of manganese, and was working to restart operations in October, with first shipments planned for November.
 
 
 
 
 

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