Ningxua finds a new way to ship its manganese ore

Ningxua Tianyuan Manganese, owner of TMI and ConsMin, apparently believes in integration. Ningxua is already China’s largest manganese metal producer and with its purchase of ConsMin a major player in the manganese ore market is now expanding its reach to build a fleet of over 20 bulk carriers. A new unit, Tianyuan Logistics Shipping, will eventually own both supramax and capesize bulkers.

Tianyuan recently reached an agreement with the Ghana government to develop mining and port infrastructure; Ghana is where ConsMin has one of its manganese mines.

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