True as steel: Higher manganese prices and rising demand for exports have driven revenue

The Manganese and Other Mineral Mining industry has performed well over the past five years. Industry revenue is expected to increase at an annualised 3.5% over the five years through 2018-19, to $3.0 billion. Despite lower production volumes, higher global manganese prices, particularly in 2016-17, have driven industry revenue growth over the past five years. Industry revenue is expected to increase by 3.0% in the current year, due to rising production volumes and export revenue.Manganese is used in iron smelting and steel manufacturing processes as a key raw material to strengthen steel. As a result, global steel production volumes largely determine demand for manganese, with China being the most significant buyer of the industry’s more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Manganese is used in iron smelting and steel manufacturing processes to strengthen steel
  • Despite rising overall, manganese prices have displayed volatility over the past five years
  • Manganese production and prices will largely continue to determine the industry’s performance
  • Industry Report - Industry Investment Chapter

    The Manganese and Other Mineral Mining industry displays high capital intensity. For each dollar required for industry wages in 2018-19, approximately $1.31 will be invested in capital plant, equipment and vehicles. The industry's capital intensity has increased over the past five years due to capital investment rising and wages falling as a proportion of revenue. This trend is forecast to continue over the next five years.The industry's high depreciation costs compared with wage costs indicates the significant capital inputs required to operate in the industry. Production relies on capital invested in earthmoving equipment and mineral processing facilities. Con...purchase to read more.

    Additional Insights for the Manganese and Other Mineral Mining Industry

    IBISWorld has determined the most important Key Success Factors for the Manganese and Other Mineral Mining are:

  • Availability of resource
  • Output is sold under contract - incorporate long-term sales contracts
  • Optimum capacity utilisation
  • IBISWorld analysts also discuss how external factors such as Base metals price index and US dollars per Australian dollar in the Manganese and Other Mineral Mining industry impact industry performance..

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    What's in this report

    What is the Manganese and Other Mineral Mining Industry?

    Industry companies mine manganese, beryllium, bismuth, molybdenite, platinum group metals, tantalum, tin ore, tungsten and other metallic ores, and undertake basic processing operations. Manganese is the main ore mined by the industry. After processing, manganese is typically used as an alloy and for various other industrial applications.

    Industry Products
  • Manganese ore
  • Tin ore
  • Tantalum ore
  • Other mineral ores
  • Industry Activities
  • Antimony, beryllium and bismuth ore mining
  • Chromite mining
  • Iron pyrite mining
  • Manganese ore mining
  • Molybdenite mining
  • Other metallic ore mining
  • Platinum group metals mining
  • Tantalum mineral mining
  • Tin ore mining
  • Tungsten ore mining
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Base metals price index
  • US dollars per Australian dollar
  • Demand from iron smelting and steel manufacturing
  • World price of iron ore
  • World price of steel

  • Current Performance
  • Revenue and profit
  • Manganese output and prices
  • High export volumes
  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profit
  • Manganese

    volume growth

  • Other industry trends
  • Table: Manganese and Other Mineral Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Manganese and Other Mineral Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Iron Smelting and Steel Manufacturing
  • Gold and Other Non-Ferrous Metal Processing

  • Key Selling Industries
  • Contract Mining Services
  • Explosives Manufacturing
  • Petroleum Product Wholesaling

  • Products & Services
  • Manganese ore
  • Tin ore
  • Other mineral ores
  • Tantalum ore
  • Chart: Manganese and Other Mineral Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports to China
  • Exports to other countries
  • Domestic iron smelters and steel manufacturers
  • Other domestic sectors
  • Chart: Major Market Segmentation for the Manganese and Other Mineral Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Manganese and Other Mineral Mining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Manganese and Other Mineral Mining Industry

  • Industry Globalization
    South32 Limited, Anglo American Australia Limited,
  • Table: South32 Limited - financial performance
  • Table: Anglo American Australia Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Manganese and Other Mineral Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Manganese and Other Mineral Mining Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Manganese Ore Output (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A mixture of metals that provides superior qualities compared with a single metal.
  • Beneficiation
  • A process that extracts minerals from a mined ore.
  • Concentrate
  • A very fine, powder-like product containing the valuable ore mineral from which some of the waste mineral has been eliminated.
  • Ferroalloy
  • Relate to iron alloys that contain a high proportion of manganese, aluminium or silicon, and are used in the production of steel and alloys.
  • Open-Cut Mining
  • A type of surface excavation in the form of an inverted cone; the shape of the mine opening varies with the shape of the mineral deposit.
  • Tailings
  • Metal-rich waste material remaining after most of the metal has been extracted from ore.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Manganese and Other Mineral Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
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    This report on Manganese and Other Mineral Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Manganese and Other Mineral Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Manganese and Other Mineral Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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