SA’s Manganese refining pioneer set to electrify West’s quest to diversify from China – CEO Louis Nel

Loading player...
A manganese refinery near the Kruger National Park, known as the Manganese Metal Co (MMC), is poised to benefit from the West’s desire to detach itself from China’s supply. Located in the rural town of Mbombela, MMC is one of just a handful of refiners of battery-grade manganese outside China. MMC CEO Louis Nel told Biznews in an interview that the exponential growth of lithium-ion batteries in electric vehicles enhances the prospects for the company and has resulted in a steady flow of Western automakers knocking on its doors, looking to decouple from China. He did not want to comment on whether it includes Tesla but said that most pre-eminent automotive producers have come calling. When it comes to price, Nel said that it was hard to compete with China, but there was a market for an alternative product with a smaller environmental footprint.
10 Jan 2024 11AM English South Africa Investing · Business News

Other recent episodes

Joburg audit setback exposes R9.5bn bad debt burden

Johannesburg’s financial crisis is deepening, with the Auditor-General revealing R9.5 billion in losses driven largely by electricity theft, water leaks and weak governance. An infrastructure backlog now estimated at R200 billion threatens service delivery in South Africa’s economic powerhouse. Analysts warn that years of poor oversight, mounting debt and a…
5 Jun 5AM 7 min

Ebola outbreak in DRC grabs global attention - perfect storm of war, fear, and disease

John McDermott explores the unfolding Ebola outbreak in eastern Democratic Republic of Congo, unpacking how transmission occurs, why the crisis is spreading, and what makes this strain particularly dangerous. He examines strained health systems, limited aid funding, and the challenge of vaccine development. The discussion situates the outbreak within broader…
4 Jun 7AM 26 min

Athol Trollip: Government’s FMD response is a “national disaster”

Athol Trollip delivers a blistering critique of South Africa’s handling of the foot-and-mouth disease crisis, arguing that government bureaucracy and a state-controlled vaccination strategy are failing farmers and allowing the outbreak to spread. Drawing on decades of farming experience, the ActionSA parliamentary leader says commercial farmers should be empowered to…
4 Jun 4AM 32 min