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[Ferro-alloys.com] According to our investigation recently, as the 0.6 million mt project of Ningxia Tianyuan Mananese Industry Group (Ningxia Tianyuan) was under construction, Chinese EMM counterparts were under great pressure. Parts of the capacity of the great project would be put into production at the end of this year and overcapacity of EMM industry would be more severe. Even large manufacturers were also worried about the near-coming competence. Some giant EMM manufacturer in Hunan disclosed this capacity growth was so big that future market would be significantly impacted and EMM price might continue to drop.

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• [Editor:test]