Friday, December 3, 2021

Developer sought for new manganese terminal at Port of Ngqura - News24

Last updated Monday, October 11, 2021 03:00 ET , Source: NewsService

  • The new Manganese terminal project will relocate the facility at the Port of Port Elizabeth to Ngqura.
  • South Africa holds nearly 80% of the world's known high-grade manganese reserves.
  • The development of the new terminal will be overseen by Transnet.

The Coega Development Corporation (CDC) has begun the search for a developer for a new manganese terminal and Liquid Bulk Terminal, which will be relocated from the port of Port Elizabeth to the Port of Ngqura.

The corporation announced on Monday that it had opened invitations for the Request for Proposals for the Manganese Export Terminal, in what is expected to beef up capacity.

The project will be overseen by Transnet, the state-owned entity that manages the country's ports. According to the CDC, the development would offer end-to-end services to the manganese sector in the country through "reliable and cost-effective bulk materials handling facility and export services and contribute towards economic development".

The Port of Ngqura is located north of the city of Port Elizabeth.

"The required technical solution is for a covered or enclosed Manganese Stockyard," the CDC said in a statement.

South Africa's manganese mines are concentrated in the Kalahari Basin, in the Northern Cape, and the region holds approximately 80% of the world’s high-grade manganese ore reserves.

"The project will unlock significant investment in the mining sector through improvement in logistics infrastructure and services, and … is therefore...

Read Full Story: https://www.news24.com/fin24/companies/developer-sought-for-new-manganese-terminal-at-port-of-ngqura-20211011

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