Georgia: Zestaponi Ferroalloy Plant and Chiatura Management Company suspend operations amid market challenges

Zestaponi Ferroalloy Plant and Chiatura Management Company of Georgian Manganese, a producer and exporter of ferroalloys and manganese ore, have suspended operations until March 1, 2025 following a “significant decline” in silicomanganese prices on the global market and decreased demand over the past two years. Georgian Manganese cited “difficulties” for Chiatura Management Company in supplying…