RE:RE:RE:this is nice
DMTU means dry metric tonne unit. A 'unit' is 10kg, or 1 tonne divided into 100 units. Essentially US$9.17/dmtu is equal to US$917/tonne of pure manganese metal. This pricing structure is commonly used for manganese ore sales (as opposed to pure manganese metal). Meridians manganese ore grade is 52% so a price per tonne of this impure ore would be 52% of $917/tonne = US$477/tonne. More refined ferro-manganese products will command a higher price than the basic manganese ore.