How to Invest in Manganese
Manganese is a brittle, silvery-white, metallic element that was discovered in 1774. Manganese can be found in the earth's crust in the form of ores such as pyrolusite, franklinite, psilomelane, and manganite. This metal is best known for its uses in the steel industry for creating alloys; manganese can improve forging qualities, strength, stiffness, and enhance wear resistance as well. Major producers of manganese include China, Australia, and South Africa.
A play on molybdenum can be thought of as a bet on the growth of the global industrial sector. This metal is used in the manufacture of construction materials, machinery, and transportation equipment. Manganese is also used in a number of chemical processes, plant fertilizers, animal feed, and dry cell batteries, making this an incredibly versatile commodity.