Wednesday, April 25, 2007

Consolidated Says Third-Quarter Manganese Output Fell 11 Percent on Rain

(Bloomberg) -- Consolidated Minerals Ltd., which supplies 10 percent of the world's high-grade manganese, said third-quarter production of the ore used in steelmaking fell 11 percent due to rain.

The company produced 196,256 tons of the ore from its mines in Western Australia, down from 220,351 tons a year ago, Perth- based Consolidated said today in a statement to the Australian Stock Exchange. It expects to reach its full-year production target of between 900,000 and 925,000 tons.


Read more at Bloomberg Commodities News

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