Manganese is the twelfth most abundant element in the earth's crust, with the bulk of commercial production coming from South Africa, China, Australia, Brazil, India and Gabon. Europe, North America, Japan, Korea and many other countries import 100% of their manganese requirements. Manganese is a critical raw material to many industries, and large portions of the world economy depend on its continued supply.
Manganese is a critical ingredient in steel production, which consumes around 90% of global manganese supply. Around 10% of supply goes into the production of high purity manganese products including Electrolytic Manganese Metal (“EMM”), Electrolytic Manganese Dioxide (“EMD”) and Manganese Sulphate.
A key end-use of manganese is in batteries, including both rechargeable lithium-ion batteries and non-rechargeable alkaline cells. Consequently, as battery storage becomes an increasingly important part of the global energy solution, manganese demand is rapidly increasing. Manganese based batteries enable safe storage with high energy capacities and can be recharged from renewable energy sources.
|Manganese Key Facts
Demand for high purity manganese metal and high purity manganese sulphate is expected to increase dramatically in the foreseeable future, driven by growth in traditional end use markets but also a rapid expansion in electric vehicle production and grid storage devices capacity in Asia, Europe and North America. Nickel-Cobalt-Manganese (NMC) and Lithiated Manganese (LMO) battery cathode chemistries both contain significant amounts of manganese and are widely anticipated to be the dominant formulations in the rapidly growing market for electric vehicles and grid-storage.
Manufacturing high performance Li-ion batteries that utilise manganese in the cathode requires reliable, high-purity manganese supply to ensure that the batteries meet increasingly demanding performance, safety and durability standards.
In addition to the increase in demand for manufacturing Li-ion batteries, strong demand is also expected from the traditional alkaline battery markets. Because of these factors, all three of the main high purity manganese products EMM, EMD and Manganese Sulphate are expected to grow strongly for the foreseeable future.
Reference: Metal Bulletin Commissioned Manganese Market Report April 2018