Ghana remains a major importer of manganese ore in Ukraine

According to the Ukrainian Association of producers of ferro-alloys (Ukrainian Academy of pharmacy), in the 3rd quarter of 2019, Ukraine imported ore, mainly from Ghana, with 89% and Russia at 11%. Ghana remains a major importer of manganese ore in Ukraine. The share of imports from Russia of raw materials decreased.

In the 3rd quarter of 2019, Ukraine imported more than 375 thousand tons of manganese ore, more than 20% more than in the previous quarter of 2019 and by more than 50% more than in the 3rd quarter of 2018.

Irregular supply of manganese ore in different periods associated with uneven consumption of the relevant factories of raw materials, which serves as a compensator for poor quality of domestic ores containing phosphorus and moisture, reported in the Ukrainian Academy of pharmacy.

Prices for import manganese ore from Ghana in the 3rd quarter of 2019 fell slightly compared with the previous quarter and by the end of the quarter average dollar 5.17 US 1% manganese.

Ukrainian manufacturerand Ferroalloy products encountered an increase in tariffs for railway transportation, new rules on the energy market and have a big problem with planning against the background of lower demand for their products.

All of this leads to lower competitiveness of Ukrainian manufacturers on the world market, summed up the Association, adding that the industry needs government support or could be in bankruptcy and closure of enterprises.

In Ukraine producing and enrich manganese ore Pokrovsky (formerly Ordzhonikidze) and Marganetsk ore mining and processing enterprises (Pokrovskiy mine and the MMPP, both in Dnipropetrovsk region) that export and reexporting manganese ore in countries of the European Union.

Period 2019 Import of manganese ore in the Ukraine during the 3rd quarter, to 2019 tonnes
only imported Ghana RF
July 123152 108889 14242
August 105600 91645 13955
September 147000 135000 12000
total 375752 335534 40197

we will Remind that the President of Ghana Nana Addo Dankwa Akufo-Addo at the end of August this year announced plans to ban the export of raw materials for five years with the aim of creating materials with added value. While the first plans to ban the export of manganese ore.

Ghana manganese company (owned Consolidated Minerals, which, in turn, enabled the Chinese company Ningxia Tianyuan manganese) is the largest producer of manganese ore in the country and one of the largest in the world. At the beginning of 2019, the government initiated a financial and technical audit, suspecting the company of failing to pay certain taxes and royalties.