South Manganese Investment Ltd

Detailed Description

South Manganese Investment Limited, an investment holding company, engages in manganese mining, ore processing, and downstream processing operations in Mainland China, rest of Asia, Europe, and North America. It operates through four segments: Manganese Mining and Ore Processing, EMM and Alloying Materials, Battery Materials, and Other Business. The Manganese Mining and Ore Processing segment mines and produces manganese products, including manganese concentrate, and natural discharging manganese powder and sand. This segment also has interests in the Daxin mine located to the west of Daxin County in Guangxi; the Tiandeng manganese mine located to the north of Tiandeng County in Guangxi; the Waifu manganese mine located in Jingxi, Guangxi; the Changgou manganese mine located in Guizhou; and the Bembélé manganese mine located to the north of Ndjolé town in the Moyen-Ogooue Province of Gabon. The EMM and Alloying Materials segment mines and processes ores used in hydrometallurgical processing activities for/and the production of electrolytic manganese metal (EMM) and manganese briquette, and pyrometallurgical processing for production of silicomanganese alloys. The Battery Materials segment manufactures and sells of battery materials products, including Electrolytic Manganese Dioxide (EMD), manganese sulfate, lithium manganese oxide, lithium nickel cobalt manganese oxide, and lithium manganese oxide. The Other Business segment trades in various commodities, such as manganese ores, EMM, manganese alloys, non-manganese metals, and related raw materials, as well as sells scraps, and rents investment properties and leasehold lands. It also manufactures and sells equipment, develops properties, and produces sulphuric acid and steam. The company was formerly known as CITIC Dameng Holdings Limited and changed its name to South Manganese Investment Limited in February 2021. The company was incorporated in 2005 and is headquartered in Admiralty, Hong Kong.