company news about What are the overseas high-carbon ferromanganese reserves?

What are the overseas high-carbon ferromanganese reserves?
Overseas high-carbon ferromanganese is an important alloy iron ore used to produce alloy steel and stainless steel. It has excellent properties such as wear resistance, abrasion resistance and high strength. Overseas high-carbon ferromanganese reserves refer to the total reserves of high-carbon ferromanganese ores owned by countries and regions around the world. As of 2021, according to statistics, the global overseas high-carbon ferromanganese reserves are estimated to reach about 350 million tons.

According to data from major mineral producing countries in the world, South Africa has the world's largest overseas high-carbon ferromanganese reserves, estimated to be about 220 million tons. Ukraine is second, with reserves of about 60 million tons. And countries such as Australia and Brazil also have considerable overseas high-carbon ferromanganese reserves.

Compared with other ores, overseas high-carbon ferromanganese reserves are not particularly abundant. Therefore, some major producing countries, such as South Africa and Ukraine, have been seeking innovations in mining technology and resource utilization to improve the mining efficiency and resource utilization of high-carbon ferromanganese ore.

In addition, although the global overseas high-carbon ferromanganese reserves are generally large, because they are mainly distributed in a few countries, the distribution of resources is relatively uneven. This also leads to an unstable supply and demand relationship in the global high-carbon ferromanganese ore market, and there will be certain risks for countries that rely on overseas high-carbon ferromanganese imports.

In summary, the global overseas high-carbon ferromanganese reserves are estimated to be about 350 million tons, mainly distributed in South Africa, Ukraine, Australia and Brazil. Despite the large reserves, the uneven distribution of resources has brought certain challenges to the supply and demand relationship of high-carbon ferromanganese in countries around the world, and it is necessary to seek sustainable development of technological innovation and resource utilization.