XM does not provide services to residents of the United States of America.

Australian miner South32's third-quarter manganese production falls 7%

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Australian miner South32's third-quarter manganese production falls 7%</title></head><body>

April 22 -Australia's South32 S32.AX logged lower third-quarter manganese ore production on Monday, hurt by the temporary suspension of operations at its Groote Eylandt Mining Co (GEMCO) unit in the Gulf of Carpentaria due to tropical cyclone Megan.

The world's largest producer of manganese, the additive that makes steel strong, clocked manganese ore production of 1.2 million wet metric tons (wmt) for the quarter ended March 31, compared with 1.3 million wmt a year earlier. That compares with a Morgan Stanley estimate of about 1.1 million wmt.

Reporting by Adwitiya Srivastava and Shivangi Lahiri in Bengaluru; Editing by Leslie Adler


Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.