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Overseas Mn ore offers: CML July offers for Australian 30-46% Mn ore
Here are offers of some Australian manganese ore products, for July delivery to China, by Consolidated Minerals Limited (CML). The company was acquired by Chinese company Tianyuan Manganese, the world’s largest manganese producer, in late 2016.
SHANGHAI, Jul 1 (SMM) – Here are offers of some Australian manganese ore products, for July delivery to China, by Consolidated Minerals Limited (CML). The company was acquired by Chinese company Tianyuan Manganese, the world’s largest manganese producer, in late 2016.
| Product | Specification guaranteed in contract | Offer | Payment term | Period for shipment |
| Australian high-Mn lump ore with 46% Mn | Mn 46%min, Fe 6%max, SiO2 14%max, Al2O3 2%max, P 0.07%max, Size 6.3-75mm 85%min | $6.6/mtu, cif Tianjin port or Qinzhou port | Letter of credit at sight | Mid- to late- July, 2020 |
| Australian medium-Fe lump ore with 40% Mn | Mn 40%min, Fe 17%max, SiO2 13%max, Al2O3 2%max, P 0.07%max, Size 6.3-75mm 85%min | $5.5/mtu, cif Tianjin port or Qinzhou port | Letter of credit at sight | Mid- to late- July, 2020 |
| Australian medium-Fe briquette ore with 38% Mn | Mn 38%min, Fe 17%max, SiO2 13%max, Al2O3 2%max, P 0.08%max, Size 1-12.5mm 85%min | $5/mtu, cif Tianjin port or Qinzhou port | Letter of credit at sight | Mid- to late- July, 2020 |
| Australian high-Fe lump ore with 30% Mn | Mn 30%min, Fe 20%max, SiO2 13%max, Al2O3 2%max, P 0.08%max, Size 6.3-75mm 85%min | $4.5/mtu, cif Tianjin port or Qinzhou port | Letter of credit at sight | Mid- to late- July, 2020 |
Market commentary
Manganese ore
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