01091 SOUTH MANGANESE
- 0.500
- -0.040-7.41%
SOUTH MANGANESE News
Hong Kong Stock Concept Tracking | Facing severe shortages in overseas supply, institutions are concerned about manganese prices or continue to operate strongly (with concept stocks)
China is more than 90% dependent on manganese ore imports, and current port manganese ore stocks are at a low level.
Changes in Hong Kong stocks | Southern Manganese (01091) fell more than 13% at the end of the session, manganese silicon futures fell more than 5%
Southern Manganese (01091) fell more than 13% at the end of the session. As of press release, it was down 13.33% to HK$0.52, with a turnover of HK$26.64,600.
Express News | Southern manganese industry surpasses 6%, Australian manganese ore supply disrupts market sentiment
Changes in Hong Kong stocks | Southern Manganese (01091) has risen more than 11% in the past month, and its stock price has risen 1.4 times over the past month, and disturbances in Australian manganese ore supply have caused mineral prices to rise
Southern Manganese (01091) rose more than 11%, and its stock price has risen more than 1.4 times in the past month. As of press release, it rose 11.86% to HK$0.66, with a turnover of HK$18.6093 million.
This bulk futures are hot again! The stock price of Southern Manganese has soared more than 1 times in the past month
② Why do changes in overseas manganese ore have a big impact on the country? ③ What do you think of the subsequent manganese prices?
Hong Kong Stock Concept Tracking | Manganese-silicon futures surged, and companies related to the industry chain attracted attention (with concept stocks)
Gabon, the world's second-largest producer of manganese, had a derailment accident on April 26
Changes in Hong Kong stocks | Southern Manganese (01091) rose more than 30%, and the stock price doubled in nearly half a month, and the South32 incident continued to ferment
The Zhitong Finance App learned that Southern Manganese (01091) has increased by more than 30%, doubling its stock price in nearly half a month. As of press release, it rose 28.09% to HK$0.57, with a turnover of HK$13.245,500. According to the news, Australia's South32 revealed in its latest first-quarter report that due to infrastructure damage, it is expected that its terminal operations and export sales will be suspended until the first quarter of 2025. This event is expected to have a significant impact on global manganese ore supply, reducing supply by about 2,415,000 tons, accounting for 11.3% of global manganese ore production. This news led to domestic manganese
Changes in Hong Kong stocks | Southern Manganese (01091) rose more than 12%, and the South32 incident continued to ferment, driving a sharp rise in manganese ore
Southern Manganese (01091) rose more than 12%. As of press release, it rose 10.59% to HK$0.47, with a turnover of HK$14.1711,000.
Changes in Hong Kong stocks | Southern Manganese (01091) rose more than 16% in the past six days, and the South32 incident drove a sharp rise in manganese ore
The Zhitong Finance App learned that Southern Manganese (01091) rose more than 16%, with a cumulative increase of nearly 75% in the past six trading days. As of press release, it rose 13.95% to HK$0.49, with a turnover of HK$11534,400. According to the news, Australian mining company South32 previously issued an announcement stating that due to the impact of tropical cyclone Megan, the company's GEMCO manganese ore operations were interrupted, and the company expects terminal operations and manganese ore export business to resume in the first quarter of 2025. Affected by this, the overall price of manganese silicon futures has shown a strong upward trend since April, with a cumulative increase
Changes in Hong Kong stocks | Southern Manganese (01091) rose more than 24% in the afternoon. The suspension of Australian manganese operations is expected to reduce global manganese supply by more than 10% in 2024
Southern Manganese (01091) rose by more than 24% in the afternoon, with a cumulative increase of more than 80% during the month. As of press release, it rose 21.62% to HK$0.45, with a turnover of HK$11.344 million.
南方錳業：二零二三年年度報告
Hong Kong Stock Concept Tracking | Leading Australian manganese ore companies suspended export sales and terminal operations for a year, leading companies benefited from a sharp rise in manganese prices (with concept stocks)
Manganese ore prices continued to rise last week (April 15-19). On April 19, the CIF price of the Fastmarkets' weekly high-grade manganese ore index in Tianjin was 4.86 US dollars/tonne, up 1.25% from 4.80 US dollars/dry tonne on April 12, and 13.29% higher than 4.29 US dollars/tonne on the 4th. According to sources, port spot prices for high-grade manganese ore also rose sharply after South32 announced the news, while traders and smelters had mixed feelings. South32 announced in its quarterly report on Sunday April 21 that it is located at the Australian University
Changes in Hong Kong stocks | Southern Manganese (01091.HK) rose nearly 25% in the morning, and the manganese ore market showed significant gains, South32 previously announced that manganese ore shipments had encountered force majeure
Southern Manganese (01091.HK) rose nearly 25% in the morning. As of press release, it rose 24.07% to HK$0.335, with a turnover of HK$11.2093 million.
Southern Manganese (01091.HK)'s 2023 revenue of HK$17.134 billion increased 6.9% year-on-year
On March 19, Gelonghui (01091.HK) announced that in 2023, the company's revenue was HK$17,134.0 million, up 6.9% year on year. Gross margin was 5.5%, down 3.1 percentage points from 8.6% in 2022. Profit attributable to company owners was HK$64.1 million (2022: HK$336.1 million).
SOUTH MANGANESE: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
The battery material metal has fallen by more than 60% Goldman Sachs expects that the current price has not bottomed out
Financial Services Association, March 5 (Editor: Zhao Hao) Goldman Sachs Group, the top international investment bank, believes that it is still too early to assert that “the sharp decline in the price of battery metal raw materials is over,” and warns that huge supply and headwinds in the Western electric vehicle industry will keep their prices low for a longer period of time.
Southern Manganese Industry (01091) expects net profit to be around HK$54 million to HK$65 million in 2023, a year-on-year decrease of 80.7% to 83.9%
According to the Zhitong Finance App, Southern Manganese (01091) announced that it is estimated that the group's profit attributable to the company's owners in 2023 will be approximately HK$54 million to HK$65 million, a year-on-year decrease of 80.7% to 83.9%. According to the announcement, the main reasons for the reduction in profit are as follows: the average sales price of the Group's two main products, namely electrolytic manganese and alloy products, fell compared to 2022 due to the return to normal production after the epidemic, an increase in supply and a decline in overall market demand; in 2023, lithium manganate experienced a gross loss due to a sharp drop in prices
SOUTH MANGANESE: (1) DATE OF BOARD MEETING; AND (2) PROFIT WARNING
Changes in Hong Kong stocks | Southern Manganese (01091) rebounded more than 9%, institutions say non-ferrous commodities will enter another round of “resonance upward”
Southern Manganese (01091) rebounded more than 9%. As of press release, it rose 9.62% to HK$0.28, with a turnover of HK$2.32 million.
Changes in Hong Kong stocks | Southern Manganese (01091) rebounded more than 14% in the afternoon before plummeting 60% on the day trading resumed on February 5
Southern Manganese (01091) rebounded by more than 14% in the afternoon. As of press release, it rose 14.54% to HK$0.26, with a turnover of HK$3.22 million.
Analysis
Price Target
No Data
