QYR Market Research Global electrolytic manganese dioxide (EMD) | Page 4

QYR • In China, there are about a dozen manufacturers, located in Guangxi and Hunan province where the manganese ore resources could be mined, and the top players are Xiangtan Electrochemical, Guiliu Chemical, CITIC Dameng Mining Industries and Guizhou Redstar. In 2016, the other two important players had closed their factories, due to competition and environmental problems, they were Guangxi Nonferrous Metals Group and Hunan Shunlong Energy, and they both had a production capacity of EMD approaching 40, 000 tons in 2011. • The global electrolytic manganese dioxide (EMD) capacity was 403,000 tons in 2016, while the production was 324,589 tons in 2016 and predicted to reach 396,971 tons in 2022, with a CGAR of 3.4% between 2016 and 2022. The revenue of EMD was 490 million USD in 2016, and it will be 653 million USD in 2022, with a CGAR of 4.9% between 2016 and 2022.