PRODUCTS CONTACT US
x
Item added to your cart
Mining of Iron Ore and Chrome in South Africa
BY Stephen Timm
South Africa
18 December 2020
R 10 080.00 (ZAR)  
estimated $ 691.40 (USD) *
Buy Now

Mining of Iron Ore and Chrome in South Africa


South Africa was the world’s sixth largest producer of iron ore and largest producer of chrome ore in 2019. In recent months local mines have begun ramping up iron ore and chrome production following the lifting of most coronavirus lockdown measures. While high iron ore prices have lifted export earnings, the local chrome sector is struggling due to global demand challenges and rising electricity costs. The ferrochrome sector is particularly hard hit and five smelters have closed.


Developments in the Sectors


Iron ore prices experienced the largest percentage rise among mineral prices in the year to June 2020, as a result of the reduction in supply from Brazil, although iron ore sales volumes and production were down in 2020. The chrome market remains under pressure due to ongoing oversupply and global demand headwinds. Chrome prices experienced the biggest percentage price declines among all mineral prices in the year to June 2020. Some producers are beginning to recover, but ferrochrome producers reported marked production declines and losses in 2020.


Technology and Innovation


Mining companies involved in the production of iron ore and chrome ore are automating drills and using drones to survey mining areas and inspect equipment that is not easily accessible, eliminating the need to expose employees to safety risks. Other innovations include trading iron ore on a blockchain-based platform.


Report Coverage


This report focuses on the mining of iron ore and chrome in South Africa and includes comprehensive information on the size and state of the sector, production, trade and other statistical information and detailed information on corporate actions and developments and regulation, including the proposed export tax on chrome. There are profiles of 21 companies including Anglo American’s Kumba Iron Ore, which mines about 70% of all iron ore in the country and other players such as Assmang and Palabora Copper. Chrome producers profiled include Glencore, Samancor Chrome and Afarak, as well as smaller chrome ore producers such as Lanxess and Tharisa.


Page
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 2
2.2. Geographic Position 5
3. SIZE OF THE INDUSTRY 7
4. STATE OF THE INDUSTRY 10
4.1. Local 10
4.1.1. Trade 19
4.1.2. Corporate Actions 21
4.1.3. Regulations 23
4.1.4. Enterprise Development and Social Economic Development 27
4.2. Continental 28
4.3. International 30
5. INFLUENCING FACTORS 36
5.1. Coronavirus 36
5.2. Economic Environment 38
5.3. Mine safety 40
5.4. Technology, Research and Development (R&D) and Innovation 40
5.5. Environmental Concerns 41
5.6. Labour 42
6. COMPETITION 44
6.1. Barriers to Entry 46
7. SWOT ANALYSIS 47
8. OUTLOOK 48
9. INDUSTRY ASSOCIATIONS 49
10. REFERENCES 49
10.1. Publications 49
10.2. Websites 50
APPENDIX 1 - SUMMARY OF NOTABLE PLAYERS 52
Mining of Chrome and Production of Ferrochrome 52
Mining of Iron Ore 55
COMPANY PROFILES - MINING OF CHROME AND PRODUCTION OF FERROCHROME 57
AFARAK GROUP OYJ 57
ANGLO AMERICAN PLATINUM LTD 61
ASSORE LTD 65
BAUBA RESOURCES LTD 69
EASTERN PLATINUM LTD 72
GLENCORE OPERATIONS SOUTH AFRICA (PTY) LTD 75
IMPALA PLATINUM HOLDINGS LTD 79
JUBILEE METALS GROUP PLC 84
LANXESS CHROME MINING (PTY) LTD 87
NORTHAM PLATINUM LTD 89
SAMANCOR CHROME LTD 94
SIBANYE STILLWATER LTD 96
THARISA PLC 101
THUTSE MINING (PTY) LTD 105
COMPANY PROFILES - MINING OF IRON ORE 106
AFRIMAT LTD 106
ASSMANG (PTY) LTD 112
ASSORE LTD 116
KUMBA IRON ORE LTD 120
MANNGWE MINING (PTY) LTD 124
PALABORA COPPER (PTY) LTD 126
SEDIBENG IRON ORE (PTY) LTD 129
STRATA AFRICA RESOURCES (PTY) LTD 131
Historical Reports
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining In Central Africa 2021-08-04
  • Mining of Iron Ore and Chrome in South Africa 2020-12-18
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in East Africa 2020-11-30
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • Mining in West Africa 2020-11-20
  • The Mining Sector in Botswana 2020-05-07
  • Mining of Iron Ore and Chrome in South Africa 2019-11-15
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in West Africa 2019-01-21
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining in East Africa 2018-12-19
  • Mining of Iron Ore and Chrome in South Africa 2016-10-18
  • Mining in West Africa 2016-05-23
  • Mining in West Africa 2016-05-23
  • Mining in West Africa 2016-05-23
  • Mining in West Africa 2016-05-23
  • Mining in West Africa 2016-05-23
  • Mining in West Africa 2016-05-23
  • Mining in West Africa 2016-05-23
  • Mining of Iron Ore in South Africa 2015-11-20
  • Mining of Chrome in South Africa 2015-07-29