Core Viewpoint - Southern Manganese (01091) has experienced a significant decline of over 12%, currently trading at 0.46 HKD with a transaction volume of 16.58 million HKD, attributed to concerns regarding its operational status and rising costs of raw materials [1] Group 1: Operational Challenges - The company has noted an increase in the costs of its core products, electrolytic manganese metal and electrolytic manganese dioxide, due to rising prices of raw materials such as manganese ore, sulfuric acid, and anodes over the past year [1] - A subsidiary, Tiandeng, has seen its mining license expire on December 2, 2024, leading to a suspension of part of its manganese mining operations and resulting in significant losses [1] - The company is actively pursuing the renewal of the mining license while assessing feasible solutions to improve the operational performance of its subsidiary in Zunyi, which is currently facing severe losses due to weak demand for manganese ore and high labor costs [1]
南方锰业跌超12% 天等分公司锰矿出现较大亏损 遵义公司严重亏损