South32 (S32) Reduces Manganese Forecast Following Cyclone

AI Summary

South32 (S32) has revised its manganese production outlook for Australia due to disruptions caused by recent cyclones. The company is adjusting its annual production guidance downwards but has not specified the new expected figures. Cyclone effects could create supply shortages in manganese, impacting global markets for the commodity. The changes may affect pricing dynamics as the market adjusts to the anticipated lower supply and could lead to increased volatility.