Investor Presentaiton
Jupiter Mines Limited
Manganese Ore Index 37% Mn, FOB Port Elizabeth $ per dmtu of contained metal
Manganese prices influenced by:
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Market rebalancing
Chinese dynamics
Limited life of some major mines
FY18 average manganese price = US$4.69 / dmtu
US$/ dmtu
1
00
FY19 YTD average manganese price = US$6.23 / dmtu
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Current spot manganese price
(37% FOB PE) is US$6.22 / dmtu
(8 Oct 2018)
Feasibility study
price range $4.00-
$4.50
-Tshipi FOB cost
of production ¹
0
Aug-2015
Nov-2015
Feb-2016 May-2016
Aug-2016
Nov-2016
Feb-2017
May-2017
Aug-2017
Nov-2017
Feb-2018
May-2018
Aug-2018
Source: Pricing data sourced from Metal Bulletin
1. Costs include mining, processing, logistics, environmental, indirect costs and royalties (FY19YTD R29.38, ZAR:USD 12.86)
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