SA’s Manganese refining pioneer set to electrify West’s quest to diversify from China – CEO Louis Nel

Loading player...
A manganese refinery near the Kruger National Park, known as the Manganese Metal Co (MMC), is poised to benefit from the West’s desire to detach itself from China’s supply. Located in the rural town of Mbombela, MMC is one of just a handful of refiners of battery-grade manganese outside China. MMC CEO Louis Nel told Biznews in an interview that the exponential growth of lithium-ion batteries in electric vehicles enhances the prospects for the company and has resulted in a steady flow of Western automakers knocking on its doors, looking to decouple from China. He did not want to comment on whether it includes Tesla but said that most pre-eminent automotive producers have come calling. When it comes to price, Nel said that it was hard to compete with China, but there was a market for an alternative product with a smaller environmental footprint.
10 Jan 2024 11AM English South Africa Investing · Business News

Other recent episodes

How solidarity plans to force out BEE by 2030: Connie Mulder | The NdB Sunday Show

In this edition of the NdB Sunday Show with Chris Steyn, Connie Mulder, the head of Solidarity's Research Institute (SRI) shares its comprehensive roadmap to gradually transition South Africa from race-based legislation to real empowerment, based on need, economic growth and job creation by 2030. It includes practical suggestions on…
17 May 7AM 30 min

How Egoli Youth Empowerment turned squash into a pathway to opportunity for Joburg's youth

Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable…
15 May 9AM 19 min