In this article, we will discuss: 7 Best Manganese Stocks to Buy Right Now.
Manganese stocks are shares of publicly traded companies that extract, process, or sell manganese, a vital metal used in the production of steel and electric vehicle batteries.
General Motors is counting on lithium manganese-rich (LMR) prismatic battery cells as a breakthrough technology to reduce costs and increase profitability in their largest EVs, with commercialization planned for 2028. The automaker is positioned to lessen its dependency on limited resources because of its new design, which uses more prevalent and less expensive minerals like manganese instead of the expensive nickel and cobalt used in today’s batteries. It is anticipated that the batteries, which are being co-developed with LG Energy Solution, will provide a 33% better energy density than lithium iron phosphate cells at the same price point.
According to analyst Sam Abuelsamid, vice president of market research at the auto advisory firm Telemetry, the price will be between $80 and $90/kWh in 2024, which is significantly less than the industry average of $115/kWh and a substantial decrease from GM’s current $125/kWh packs. GM claims that the prismatic design, which uses 50% fewer parts, could reduce the weight of EVs like the Cadillac Escalade IQ and Chevrolet Silverado EV by hundreds of pounds. Kurt Kelty, GM’s vice president of battery, propulsion, and sustainability, stated that LMR “unlocks the premium range and performance at an affordable cost.”
With that said, here are the 7 Best Manganese Stocks to Buy Right Now.
Photo by Dominik Vanyi on Unsplash
Our Methodology
We sifted through online rankings to form an initial list of the 7 Best Manganese Stocks to Buy Right Now. From the resultant dataset, we chose 7 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 1000 hedge funds in Q1 2025 to gauge hedge fund sentiment for stocks. We have used the stock’s market cap as of August 21 as a tie-breaker in case two or more stocks have the same number of hedge funds invested.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
7. American Battery Technology Company (NASDAQ:ABAT)
Number of Hedge Fund Holders: 6
American Battery Technology Company (NASDAQ:ABAT) has received a $1 million partnership agreement from the United States Department of Energy’s Argonne National Laboratory ReCell Center to develop the commercialization of its electrochemical lithium hydroxide manufacturing technology. The Aurora Exascale Supercomputer and Argonne’s Advanced Photon Source particle accelerator will be used in the project to evaluate the long-term performance of ABTC’s technologies.
The procedure used by American Battery Technology Company (NASDAQ:ABAT) yields high-quality lithium hydroxide at a cheaper cost and with less of an adverse effect on the environment than traditional processes, which use a lot of chemicals and produce waste. The firm’s growth into key mineral recycling facilities and its claystone-to-lithium refinery in Tonopah, Nevada, will be supported by data from the Argonne trials that will allow predictive modeling of system performance.
According to CEO Ryan Melsert, the agreement reinforces American Battery Technology Company (NASDAQ:ABAT)’s objective to increase domestic battery metal production. The agreement is an extension of its larger alliance with DOE laboratories, such as Idaho National Laboratory and National Renewable Energy Laboratory. These are intended to improve U.S. energy security and lessen dependency on overseas supply chains. It is one of the Best Manganese Stocks.
6. Ultralife Corporation (NASDAQ:ULBI)
Number of Hedge Fund Holders: 9
Market Cap as of August 21: $119.33 million
Ultralife Corporation (NASDAQ: ULBI) has announced new leadership appointments to support its development strategy, including Jeffrey Luke as Chief Marketing Officer and James Pope as Senior Vice President of Sales & Business Development, Battery & Energy Products, effective January 6, 2025.
Luke will oversee corporate and brand strategy, coordinating worldwide operations and collaborating with technical and sales teams to implement go-to-market plans. He has more than 20 years of B2B marketing expertise in the fields of industrial computing, heavy machinery, energy, genomics, and agriculture. Pope will manage growth into both new and existing markets, emphasizing competitive positioning, strategic alliances, and revenue growth. His 37 years in the battery and power industry have included cell and pack manufacture, charger development, and sector promotion.
According to CEO Mike Manna, the hires improve Ultralife Corporation (NASDAQ:ULBI)’s capacity to launch new goods and combine creativity with corporate objectives. The firm serves commercial, military, and government customers globally with power, communications, and electronic systems. It is among the Best Manganese Stocks.
5. TMC the metals company Inc. (NASDAQ:TMC)
Number of Hedge Fund Holders: 9
Market Cap as of August 21: $1.98 billion
TMC the metals company Inc. (NASDAQ:TMC) announced the findings of two new economic studies that value its polymetallic nodule projects at a total of $23.6 billion in net present value. According to the NORI-D Project’s Pre-Feasibility Study, the world’s first deep-sea mineral reserves contain 51 Mt of probable reserves, with an after-tax net present value (NPV) of $5.5 billion and an internal rate of return (IRR) of 27%. A steady-state production of 97 ktpa nickel, 2,389 ktpa manganese, 70 ktpa copper, and 7.4 ktpa cobalt is anticipated by TMC the metals company Inc. (NASDAQ:TMC) starting in 2031, with 43% EBITDA margins. Commercial production is scheduled for Q4 2027, subject to US approval.
According to an Initial Assessment, the remaining NORI and TOML resources have an NPV of $18.1 billion, an IRR of 36%, and an EBITDA margin of 57%. The reports follow TMC the metals company Inc. (NASDAQ:TMC) USA’s application for a US seabed recovery permit in April 2025, as well as a strategic investment from Korea Zinc, which shows the firm’s leadership in securing essential minerals for energy, defense, and infrastructure supply chains. It is ranked fifth on our list of the Best Manganese Stocks.
4. Tronox Holdings plc (NYSE:TROX)
Number of Hedge Fund Holders: 27
Market Cap as of August 21: $661.05 million
Truist Securities reduced Tronox Holdings plc (NYSE:TROX)’s price objective to $5 from $9 on August 4 while retaining a Buy rating, citing weaker-than-expected second-quarter performance. Shares were under pressure after the company reported a “significant” earnings loss and an unforeseen big reduction in the full-year forecast. According to Truist’s research report, there is unlikely to be any significant growth in titanium dioxide revenues in the second half of 2025.
Truist has a favorable long-term outlook and forecasts profit growth in 2026 regardless of the short-term difficulties. The analyst warns that this expansion will not depend on any abrupt macroeconomic recovery, but rather on achieving a larger market share and improved cost performance.
Tronox Holdings plc (NYSE:TROX) is a vertically integrated TiO2 pigment company. It owns and operates titanium-bearing mineral sand mines, as well as beneficiation and smelting operations in Australia and South Africa, to produce feedstock materials that can be processed into TiO2 for pigment and high-purity titanium chemicals. It is one of the Best Manganese Stocks.
3. Ferroglobe PLC (NASDAQ:GSM)
Number of Hedge Fund Holders: 27
Market Cap as of August 21: $779.16 million
Riley maintained its Buy rating on Ferroglobe PLC (NASDAQ:GSM) following the company’s Q1 2025 results but lowered its price objective from $9 to $8 on May 9. The company pointed out that Ferroglobe PLC (NASDAQ:GSM)’s EBITDA was lower than anticipated, mainly as a result of lower sales and realizations in the divisions for manganese-based alloys and silicon metal.
Ferroglobe PLC (NASDAQ:GSM) expressed confidence in its operating future by restating its full-year adjusted EBITDA estimate despite the Q1 loss. B. Riley noted that softer pricing and sales volumes in key product categories were the main causes of the Q1 performance gap rather than fundamental problems. The firm’s role in specialty metals means that the company’s updated aim still supports the stock’s long-term value potential while acknowledging short-term difficulties. B. Riley’s decision to keep the Buy rating shows that, once pricing constraints in silicon and manganese-based alloys subside, the company’s profitability may return. It is among the Best Manganese Stocks.
2. BHP Group Limited (NYSE:BHP)
Number of Hedge Fund Holders: 31
BHP Group Limited (NYSE:BHP) missed forecasts of $10.22 billion with an FY25 underlying profit of $10.16 billion, its lowest in five years and a 26% year-over-year decline. Results were impacted by the weakness in iron ore, brought on by a slowdown in Chinese demand. However, shares rose 1% when the miner declared a higher-than-expected total dividend of $1.10 per share, including a final payout of $0.60, topping the consensus of $1.01, although still the lowest since 2017.
BHP Group Limited (NYSE:BHP)’s realized iron ore price fell 19%, putting pressure on earnings, although this was partially offset by higher copper prices. The business raised its net debt objective to $10-20 billion and planned $11 billion in project and exploration spending over the next two years, with future spending expected to decline.
Mike Henry, the CEO, stated that despite tariff uncertainty, commodity demand is solid. Although the miner has warned that suitable acquisition possibilities are scarce, it is prioritizing the growth of copper and potash. Furthermore, BHP agreed to sell Brazilian copper assets for $465 million after pointing out a $1.7 billion cost overrun at its Jansen potash project. It is among the Best Manganese Stocks.
1. Vale S.A. (NYSE:VALE)
Number of Hedge Fund Holders: 37
Vale S.A. (NYSE:VALE) announced Q2 pro forma EBITDA of $3.42 billion on July 31st, which was lower than the $3.99 billion recorded the previous year. Revenue was $8.8 billion, down from $9.92 billion. The company reiterated its 2025 projection and highlighted good operational execution despite the year-over-year reduction. CEO Gustavo Pimenta acknowledged continuous success in safety programs and strategic cost reductions, noting that the firm achieved a milestone with the preliminary license approval for its first copper mine project under the New Carajás program, which will support future growth.
Vale S.A. (NYSE:VALE)’s Q2 earnings show lower EBITDA pressure and poorer revenues than in 2024, but management showed resilience through diverse product offerings and focused execution. Pimenta identified operational excellence and cost-cutting initiatives as crucial factors in managing unstable market conditions. The company’s drive for development and dedication to long-term wealth generation has been shown by the licensing of the New Carajás copper project. Innovations in safety continue to be essential to the business’s approach. It is the Best Manganese Stock.
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