According to the Ukraine ferroalloy production association released data show, February Ukraine manganese mine (including ore and sinter) output of 15100 tons, compared with the same period last year 42600 tons down 64.6%. From January 131000 tons output dropped by 87.5%.
Manganese ore as raw material for the production of iron alloy. As business demand for the production of domestic ferroalloy weak, cause manganese production decline. At the same time also forced second Ukraine manganese ore producer Marganets HZK to suspend operation. Ordzhenikidze HZK -- Ukraine's largest manganese ore producer, in February the production of sinter 15100 tons, while production of manganese ore down to zero.
1-2 month, Ukraine produced 136100 tons of ore and sintering ore 84700 tons, compared with the same period last year increased by 60.7%. The manganese concentrate yield increased from 84700 tons to 121000 tons, and the sinter production increased from 0 tons to 15100 tons. Ukraine has some of the world's largest manganese ore deposit, estimated at about 25 tonnes.
Ukraine billionaire Ihor Kolomoyskiy, the country's largest bank PrivatBank partner, Ordzhenikidze HZK and Marganets HZK with manganese ore producers. He also owns Zaporozhye ferroalloy plant and Starr Han's iron alloy factory, second and third ferroalloy producers in the country.
In 2013, Ukraine production of manganese ore and sinter 1280000 tons, representing a growth of 7.6% in 2012 to 1190000 tons. The yield of manganese ore from 1040000 tons down to 982600 tons, and sinter output increased from 151100 tons to 299800 tons