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Business Ventures

CHROME

Siyanda Mining Corporation (Pty) Ltd

 

Siyanda Chrome Investments (Pty) Ltd owns 26% of the chromite recovery business (Masa Chrome Company (Pty) Ltd) at Union Section one of Anglo Platinum’s platinum producing mines with the option to buy up to 49,9%, which has been exercised with effect from July, 2012.
The Plant commenced operations in October 2006 where it processes the tailings from the UG2 stream. Three different products are sold namely: Metallurgical, Chemical and Foundry Grade Chrome.
Once commissioning of the plant was completed, a steady ramp up of production was achieved. Production has been consistent since then and are now operating at levels higher than design. The only bottleneck remaining is the transportation of chrome down to Richards Bay, from where we export the material.