Manganese is an element symbolized with “Mn” which exists naturally as an ore. Manganese has a huge demand globally due to its essential applications, with the metal being used in the production of steel as well as in the manufacturing of high-capacity batteries. About 18.5 million tons of manganese are produced around the world each year. The Kalahari Desert is thought to contain more than 70% of the world’s manganese reserves. South Africa, Australia, and China are the three top-producers of manganese in the world, with the total production of the three countries representing more than 65.4% of the global manganese production.
La Compagnie Minière de l’Ogooue (COMILOG), a subsidiary of the French company ERAMET, is the largest company currently producing manganese in Gabon.
Eramet SA will restart production at its manganese mining operations in Gabon on Thursday, ending a temporary halt in the wake of the military coup in the country.
The Paris-based miner said late Wednesday it has decided to resume mining operations in after monitoring events in the country, after announcing earlier in the day that it would halt activity as a precautionary measure. Shares of Eramet, which has been expanding its key Moanda mine, slumped as much as 22% in Paris.
In days to come details of the transactions between Gabonese government and Eramet will surface and revelations will determine the speed of more coups in Africa
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