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S. Africa's iron ore output up 23.1 percent in June from May

Thursday, 11 August 2016 17:05:13 (GMT+3)   |   Istanbul
       
According to the preliminary data released by Statistics South Africa, in June this year the seasonally adjusted index of iron ore mining production in South Africa increased by 23.1 percent, while the country's manganese ore production index rose by 16.2 percent, both month on month. In the given month, South Africa's nickel production was down by 5.8 percent month on month.
 
On year-on-year basis, in June this year South African iron ore production increased by one percent, manganese ore production fell by 18.2 percent, while the country's nickel output was down by 26.1 percent.
 
Furthermore, the country's seasonally adjusted iron ore sales at current prices in May decreased by 5.6 percent compared to the previous month, to ZAR 3.54 billion ($266.18 million), while the seasonally adjusted nickel sales value at current prices was up by 15.2 percent in May compared to April, amounting to ZAR 622.6 million ($46.75 million). South Africa's seasonally adjusted manganese ore sales in May at current prices totaled ZAR 1.92 billion ($144.3 million), up 32.3 percent month on month.
 
The year-on-year percentage change at current prices in May this year was up 14.5 percent in iron ore sales, was down by 16.4 percent in nickel sales and rose by 82.6 percent in manganese ore sales.

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