Manganese has sprung to the attention of mining investors after Elon Musk’s announcement on the Tesla “Battery Day” that he was going to replace the expensive and unreliably sourced cobalt in a lithium-ion battery with manganese, normally a metal ignored by investors.
Two thirds of the world’s manganese comes from S. Africa, China, and Australia.
This is led to people asking which are the companies involved with mining or developing manganese projects?
There are a few manganese mining companies listed on the ASX and TSX exchanges, please see the table below. (Please note the market cap shown is for guidance only, these were from earlier in the year and they will have have fluctuated since).
ASX listed manganese mining companies
|Epic||Company||Recent market cap|
|JMS||JUPITER MINES LTD||$607.3M|
|OMH||OM HOLDINGS LTD||$369.3M|
|GMC||GULF MANGANESE CORP||$31.3M|
|PMY||PACIFICO MINERALS LTD||$18.8M|
|PM1||PURE MINERALS LTD||$7.7M|
|BYH||BRYAH RESOURCES LTD||$4.9M|
TSX listed manganese mining companies
|TSX.V : MN||Manganese X||C$32m|
|CSE: EMN||Euro Manganese||C$42 m|
|TSX.V: EMM||Giyani Metals||C$20m|
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