$3.5bn
$XXX.Xm
2,506
113
$XXX.Xm
Manganese and other mineral miners have faced volatile operating conditions over the past five years. Industry revenue is expected to fall at an annualised 3.1% over the five years through 2023-24, to total $3.5 billion. Volatile prices and subdued demand conditions, both during and after the pandemic have weighed on industry-wide revenue. Falling global manganese prices, especially in 2022-23, led to a sharp fall in industry-wide profit margins. Revenue is anticipated to edge upward by a 0.6% in 2023-24, because of an uptick in output and a slight improvement in prices in both the tin and manganese ore mining segments.
Industry revenue has declined at a CAGR of 3.1 % over the past five years, to reach an estimated $3.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
South32 | 922.7 | |
Anglo American Australia | 431.4 | |
ConsMin | 245.5 |
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Industry revenue is measured across several distinct product and services lines, including Manganese ore, Tin ore and Tantalum ore. Manganese ore is the largest segment of the Manganese and Other Mineral Mining in Australia.
Volatile global steel consumption has flowed through to manganese ore prices
Industry companies mine manganese, beryllium, bismuth, molybdenite, platinum group metals, tantalum, tin ore, tungsten and other metallic ores, and undertake basic processing operations. Manganese is the main ore mined by the industry. After processing, manganese is typically used as an alloy and for various other industrial applications.
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ANZSIC 0809 - Manganese and Other Mineral Mining in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Manganese prices have displayed significant volatility, including a sharp fall in 2022-23. The performance of mining companies is closely tied to China’s steel manufacturing ...
Learn about an industry's products and services, markets and trends in international trade.
Volatile global steel manufacturing activity has flowed through to manganese prices. A crisis in the Chinese property sector has hurt demand for steel production, resulting i...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Manganese production is focused in the Northern Territory and Western Australia. Australia is one of the world’s largest producers of manganese, with most domestic production...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Potential entrants face high barriers to entry. Capital requirements and gaining environmental approvals can make it difficult to get new projects off the ground.
Learn about the performance of the top companies in the industry.
Large manganese producers dominate the industry. The Groote Eylandt joint venture between South32 and Anglo American Australia is one of the world’s largest manganese mines.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Manganese prices have displayed significant volatility. Steel manufacturing activity in China, the industry’s largest export market, took a hit in 2022 and 2023 because of tr...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Volatile commodity prices in global markets have flowed through to profitability. Wild swings in prices have seen producers reactively scale production up and down over the p...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Manganese and Other Mineral Mining industry in Australia is $3.5bn in 2024.
There are 113 businesses in the Manganese and Other Mineral Mining industry in Australia, which has grown at a CAGR of 0.7 % between 2019 and 2024.
The market size of the Manganese and Other Mineral Mining industry in Australia has been declining at a CAGR of 3.1 % between 2019 and 2024.
Over the next five years, the Manganese and Other Mineral Mining industry in Australia is expected to grow.
The biggest companies operating in the Manganese and Other Mineral Mining market in Australia are South32, Anglo American Australia and ConsMin
Manganese ore and Tantalum ore are part of the Manganese and Other Mineral Mining industry.
The company holding the most market share in Australia is South32.
The level of competition is low and steady in the Manganese and Other Mineral Mining industry in Australia.