SOUTH AFRICAN MANGANESE IN DEMAND

Nelson Evening Mail, Volume LXXII, 24 November 1938, Page 7

SOUTH AFRICAN MANGANESE IN DEMAND

GERMANY COMING IN AS BIG BUYER JOHANNESBURG. A few more details are now available as to the effect on manganese of the signing of the South African Union’s payments agreement with Germany. For some time past Russia has been a

thorn in the side of the South African producers. She has offered manganese to dull markets at cut prices, and thus the world price has been reduced, limiting for the time being, the profit per ton. Now Germany looks like becoming a purchaser of the considerable quantity of 120,000 to 140.000 tons of manganese from the Union, and it is believed that the Associated Manganese and S.A. Marganese companies will benefit substantially. Agents of the Union's producers arc working in Germany and on the Continent iu connection with the tinalis-

i ation of probable orders. - j They will enable the manganese pro* s dixcrs, some of which slowed down ’; production somewhat just before the 1 ; signing of the new payments pact, to ',increase their staffs to the much larger * I dimensions now likely to be required s , to produce on a record scale. i Orders from various parts of the s 1 world have recently increased; the United States has been making more inquiries, a far-llung tribute to Amen- - can trade and industrial revival. The ■ outlook indeed now looks particularly • I hopeful.