RE:Manganese Sulphate By-product impact on FRO's revenuesThe impact will depend on the amount of manganese sulphate being produced and the price they can sell it for. So far the company has not indicated how much they will produce other than to say that “significant quantities” will be produced.
I did a search and found a price quote in this link:
https://www.alibaba.com/product-detail/Manufacturer-supply-feed-grade-Manganese-Sulphate_1869709828.html?s=p
| FOB Price: |
US $545 - 585 / Ton |
| Min.Order Quantity: |
10000 Ton/Tons |
| Supply Ability: |
30000 Ton/Tons per Year |
If we make the assumption that the company is able to produce 5k tons a year and sell it for 550 a ton, this will around 3 million to the revenue stream.
From the same link:
Usage
- widely used for feed additives:
Effectively promote animal growth,reproduction, metabolism of nutrientsin the body and bonedevelopment.
- used for Fertilizer additives
Agriculture is an important trace element fertilizer, but also catalyze the synthesis of chlorophyll in the plant do not.Impose an appropriate amount of manganese sulfate solution, can grow well in a variety of crops, increase production.
- Mineral industry for the production and preparation of various manganese and manganese salts.