High-purity manganese sulphate deficits set to widen in 2025

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China’s high-purity manganese sulphate monohydrate (HPMSM) output contracted in 2024 amidst slower-than-expected demand and low prices, falling 24% on the previous year. Benchmark’s manganese analyst, Zach Parsons, notes that Chinese HPMSM facilities average capacity utilisation rates dropped to just 45% in 2024, down from a historical average of 60%-65%. In addition, several Chinese operations halted […]

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