South32’s manganese export operations face severe disruption after the bulk carrier MV Anikitos struck and damaged a loading wharf during high winds and swell stoked by Cyclone Megan in the Northern Territory.
South32’s co-owned Groote Eylandt manganese mine, located 630 kilometres east of Darwin, is the world’s largest single producer of the metal and exported 5.9 million tonnes worth $1.53 billion in financial 2023.
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Tom Richardson was a journalist at The Australian Financial Review
Brad Thompson was a reporter at The Australian Financial Review