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MANGANESE. From screen to source.

Financial Mail

| May 18, 2012 | COPYRIGHT 2001 Johnnic Communications. (Hide copyright information)Copyright

Byline: Charlotte Mathews

MANGANESE From screen to source A Japanese company has shown it is prepared to pump billions of rand into the Northern Cape in pursuit of its target of controlling about 10% of the world's 5Mt/year seaborne manganese trade. Manganese is used in making steel. Asia Minerals Ltd (AML) was founded 19 years ago by Hirotaka Suzuki, a trader who was marketing manganese from BHP Billiton's Mamatwan mine in the Northern Cape. Between 2000 and 2010 AML was marketing about 1,5Mt/year of manganese produced by Assmang's Gloria mine to Chinese and Indian buyers. It stopped when it started its own mine.

AML is now a 49% shareholder in the Kudumane …

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