Research Expert: Sarah Overall
  • Published: Apr 2025
  • Pages: 150
  • SKU: IRTNTR41126

  • Manganese Mining Market Size 2024-2028: Key Insights and 2025 Forecast

    The manganese mining market size is projected to increase by USD 10.94 billion between 2023 and 2028, growing at a CAGR of 6.78%. Driven by the rising global demand for steel and the proliferation of renewable energy technologies, the market is poised for robust expansion across key sectors.

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    Global manganese mining market 2024-2028

    Demand for Manganese in Steel and Energy Is Driving Global Growth

    Manganese mining forms the backbone of several critical industries. As a core component in the production of steel, aluminum alloys, and rechargeable batteries, manganese is indispensable in both traditional infrastructure development and future-forward energy innovations.

    With over 85% of mined manganese used in alloy production—primarily for silicomanganese and high-carbon ferromanganese—the market’s performance closely tracks the health of the construction, automotive, and energy sectors.


    Key Players: Market Leaders & Strategic Innovators

    Several global mining giants and regional leaders dominate the manganese landscape, employing aggressive strategies such as mergers, geographical expansion, and tech-enabled mining.

    Notable Manganese Mining Companies:

    • African Rainbow Minerals Ltd. – Premier supplier of high-grade ore from Black Rock Mine

    • BHP Group plc – Diversified mining leader with global manganese operations

    • Eramet – Leading French multinational with strong manganese alloy production

    • Anglo American plc – Integrates manganese with large-scale metallurgical operations

    • OM Holdings Ltd. – Key player in Asia-Pacific with upstream mining and downstream alloy facilities

    • MOIL Ltd. – India’s largest manganese ore producer

    • Asia Minerals Ltd., Vale SA, and Element 25 Ltd. also play significant roles in market shaping

    These companies are investing in AI-driven exploration, robotic mining, and eco-friendly ore processing to stay competitive.

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    Segmentation Analysis: Alloy Dominance & Ore Type Differentiation

    • Application
      • Alloys
      • Others
    • Type
      • Braunite
      • Pyrolusite
      • Psilomelane
      • Rhodochrosite

    By Application:

    Alloys Segment (Largest Share)

    • Accounts for over 85% of global manganese consumption

    • Used in producing silicomanganese, high-carbon ferromanganese, and ferrous alloys

    • Critical for increasing steel strength and durability

    • Drives demand from construction, transport, and manufacturing

    Other Applications

    By Ore Type:

    • Pyrolusite – The most common commercial manganese mineral

    • Braunite, Psilomelane, Rhodochrosite – Used based on ore grade and application suitability

    • Mined through open-pit and underground methods, then processed via magnetic separation or chemical leaching


    Trends and Drivers: Steel, EVs, and Renewable Energy Spark Growth

    Electric Vehicles and Battery Demand

    Manganese plays a crucial role in cathode materials for lithium-ion batteries, especially Nickel-Manganese-Cobalt (NMC) compositions. As EV sales grow globally, so does the requirement for high-purity manganese sulfate (HPMSM).

    Steel Manufacturing Booms

    As a key alloying agent, manganese improves steel’s resistance to wear and impact—making it vital for skyscrapers, bridges, and pipelines. The global push for urbanization and infrastructure development significantly fuels this demand.

    Sustainable Mining Practices

    To address environmental concerns, companies are:

    • Implementing waste reduction techniques

    • Switching to green power for ore processing

    • Investing in circular economy initiatives to recycle industrial manganese

    Technological Advancements

    • AI-powered geological surveys to identify new ore bodies

    • Advanced material science for battery innovation

    • Research into manganese substitutes to alleviate pricing volatility

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    Market Research Overview

    The Manganese Mining Market is experiencing steady growth due to increasing demand across multiple industries, particularly in the production of steel alloys and aluminum alloys, where manganese acts as a key strengthening agent. The extraction and refinement of manganese ore support both ferromanganese and silicomanganese production, which are vital for global steel manufacturing. Market expansion is also driven by the rise in battery materials for electric vehicles (EVs) and energy storage systems, where manganese plays a critical role. Leading mining operations are adopting open-pit mining and underground mining methods to access high-grade deposits. The growth of mineral exploration initiatives and geological surveys has led to the discovery of new ore reserves, further supporting supply chains. Additionally, export demand, especially from Asia-Pacific, along with investments in mining equipment and refining processes, continues to fuel market development.


    Regional Insights: Asia-Pacific Leads, Followed by North America and Europe

    Asia-Pacific (APAC): Driving 75% of Global Market Growth

    • Led by China and India, both massive consumers of steel and producers of manganese alloys

    • Strong demand from construction, auto manufacturing, and electronics

    • Rich manganese ore reserves, especially in China’s Guangxi and India’s Madhya Pradesh

    North America:

    • Rising EV demand boosts manganese usage in batteries

    • US-based companies increasingly sourcing manganese to reduce supply chain risks

    Europe:

    • Focus on green energy policies encourages use of manganese in solar, wind, and battery tech

    • Growing collaboration between battery startups and mining firms

    South America, Middle East & Africa:

    • Brazil and South Africa emerging as vital manganese exporters

    • Favorable geology but face challenges in infrastructure and logistics


    Challenges: What’s Slowing the Market?

    • Supply Chain Disruptions: Geopolitical tensions and localized unrest can hinder ore transport

    • Environmental Regulations: Pressure to reduce carbon footprint and occupational hazards

    • Price Volatility: Linked to steel demand, energy costs, and ore availability

    • Uneven Resource Distribution: Creates reliance on a few dominant exporting nations

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    Opportunities Ahead: Future-Proofing the Manganese Industry

    • Investment in HPMSM production facilities for battery-grade manganese

    • Exploration of marine manganese nodules as a long-term solution

    • Development of supply agreements between miners and battery OEMs

    • Expansion of strategic stockpiles to mitigate disruptions

    Research Analysis Overview

    Research analysis highlights a strong focus on sustainability and efficiency within the manganese mining industry. Companies are increasingly investing in environmental regulations compliance and reclamation projects to reduce ecological impact. Technological advancements like automated drilling, ore processing technologies, and remote monitoring are improving operational productivity. The market is also influenced by commodity pricing, supply chain disruptions, and trade policies, which impact global manganese flow. Strategic joint ventures, mergers and acquisitions, and investment trends are reshaping competitive dynamics. Governments and corporations alike are working on resource assessment, developing long-term contracts, and ensuring logistics infrastructure supports efficient delivery. Moreover, growing attention to market forecast, production output, and regulatory compliance underlines the need for data-driven decision-making in this evolving market landscape.


    Conclusion: Manganese Mining Market Outlook 2025 & Beyond

    As we head toward 2025, the manganese mining industry stands at a strategic intersection of traditional manufacturing and the clean energy revolution. With a projected increase of USD 10.94 billion by 2028, the market is on a growth trajectory fueled by technological innovation, global infrastructure projects, and the electrification of transport.

    While challenges such as environmental impact and resource scarcity remain, they are being tackled head-on through sustainable mining practices, cross-sector collaboration, and next-gen technology.

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