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Mining production falls 4.4% y/y in May

South Africa’s mining production decreased by 4.4% year-on-year in May, driven by lower iron-ore and manganese ore production. Iron-ore output fell by 26.4% year-on-year, contributing -4.9 percentage points to the overall decrease, while manganese ore production was down 25.4% year-on-year, contributing -1.8 percentage points to the overall decrease.