Ann: Dividend Received of A$21 Million, page-21

	Column 1
0	Retail Price of Imported Manganese Ore in China Continues Rising
1	= Due to strong impact from increased price by overseas manganese mine =
2	The retail price of imported manganese ore shows a rising tendency in the Chinese domestic market. As of October 11, the price of the representative imported manganese ore lump with Mn being 46% (produced in Australia and discharged at the port of Tianjin) is CNY64.0/dmtu per 1% of Mn, up by CNY0.5 from the end of September (CNY63.5), and up by CNY2.5 from the end of August (CNY61.5).Market participants provide such reasons for a price hike as (1) Major overseas manganese mine raised a price for October shipment, (2) Port stock quantity at the main port dipped below 2.8 million tons, (3) Operating rate of the domestic manganese mine got lowered, and the supply volume of domestic manganese ores is said to be down and (4) Price of silico manganese did not come down more than expected in the market.