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Mpumalanga Business 2023-24

The 2023/24 edition of Mpumalanga Business is the 14th issue of this successful publication that since its launch in 2008 has established itself as the premier business and investment guide for the province. Introduced by a warm message of welcome to potential investors from the CEO of the Mpumalanga Economic Growth Agency (MEGA), this edition of the journal also contains the official Mpumalanga Investment Prospectus, a comprehensive survey of the province’s assets and the potential of the region. Major catalytic projects such as the Nkomazi Special Economic Zone (NSEZ) and the Mpumalanga International Fresh Produce Market (MIFPM) are examined in detail, outlining how producers, processors and logistics firms stand to benefit and where there is potential for investment. In addition to the Prospectus, the journal contains a special feature on how the province is leading the field in going green in various projects across several sectors. Sector overviews give up-to-date news on what is going on in the key sectors of the provincial economy, as well as giving a more general view of conditions pertaining to that sector.

The 2023/24 edition of Mpumalanga Business is the 14th issue of this successful publication that since its launch in 2008 has established itself as the premier business and investment guide for the province.
Introduced by a warm message of welcome to potential investors from the CEO of the Mpumalanga Economic Growth Agency (MEGA), this edition of the journal also contains the official Mpumalanga Investment Prospectus, a comprehensive survey of the province’s assets and the potential of the region. Major catalytic projects such as the Nkomazi Special Economic Zone (NSEZ) and the Mpumalanga International Fresh Produce Market (MIFPM) are examined in detail, outlining how producers, processors and logistics firms stand to benefit and where there is potential for investment.
In addition to the Prospectus, the journal contains a special feature on how the province is leading the field in going green in various projects across several sectors. Sector overviews give up-to-date news on what is going on in the key sectors of the provincial economy, as well as giving a more general view of conditions pertaining to that sector.

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OVERVIEW<br />

Terminal had operated at full capacity in 2021, an additional R47-<br />

billion would have been generated in exports.<br />

Afrimat, previously listed on the JSE in the “Construction<br />

and Building Materials” section, has changed its classification<br />

to “General Mining”, a recognition of the company’s ambitious<br />

buying programme in the Northern Cape and <strong>Mpumalanga</strong>. With<br />

construction and building now contributing just 20% to operating<br />

profit, Afrimat is active in anthracite and iron ore and will further<br />

expand into phosphates, rare earth elements and vermiculite.<br />

Among its new acquisitions, Afrimat now controls the Nkomati<br />

Anthracite mine in <strong>Mpumalanga</strong>. The mine, which is in the southeastern<br />

corner of the province, has proven resources of 8.7-million<br />

tons and upwards of 400 jobs were created over the last two years.<br />

Local communities have a 16.1% stake in the relaunched mine and<br />

the <strong>Mpumalanga</strong> Economic Growth Agency (MEGA) holds 34%.<br />

Platinum<br />

Platinum is an important mineral for the modern economy. Two<br />

Rivers is a joint venture between Implats (46%) and African Rainbow<br />

Minerals which is located on the southern part of the eastern limb<br />

of the Bushveld Igneous Complex, 35km south-west of Burgersfort<br />

in <strong>Mpumalanga</strong>. Northam Platinum, which has assets on both limbs<br />

of the Bushveld Igneous Complex, has purchased the Everest mine<br />

from Aquarius Platinum. Everest is adjacent to Northam’s existing<br />

Booysendal mine.<br />

Jubilee Platinum has sold its Smelting and Refining business<br />

in Middelburg to Siyanda Resources. Sylvania Platinum now has<br />

seven PGM recovery plants that extract chrome from tailings on<br />

both sides of the Bushveld Igneous Complex.<br />

Lydenburg is home to the Lion ferrochrome smelter that is a<br />

joint venture between Glencore and Merafe Resources. Assmang,<br />

the joint venture between ARM Ferrous and the JSE-listed Assore,<br />

operates a chrome mine (Dwarsrivier) and a ferrochrome plant<br />

where chrome alloys are made.<br />

Energy and transition plans<br />

Another part of Pan African Resources’ plan to improve efficiencies<br />

was to build a renewable energy plant at Elikhulu. A 10MW solar plant,<br />

which produces 30% of the facility’s needs, started operating in 2021.<br />

ONLINE RESOURCES<br />

Council for Geoscience: www.geoscience.org.za<br />

Minerals Council South Africa: www.mineralscouncil.org.za<br />

National Department of Mineral Resources and Energy: www.dmre.gov.za<br />

South African Institute of Mining and Metallurgy: www.saimm.co.za<br />

By mid-2022, the company<br />

reported a monthly saving of<br />

$145 000 per month. Exxaro,<br />

one of the biggest mining<br />

companies in <strong>Mpumalanga</strong>, has<br />

a subsidiary, Cennergi, that builds<br />

and manages renewable energy<br />

plants. Two wind farms have been<br />

built in the Eastern Cape and the<br />

plan is now to build plants near<br />

Exxaro mining sites.<br />

The ambitious renewable<br />

energy plans of Seriti Green,<br />

subsidiary of coal-miner Seriti<br />

Resources, are outlined in a<br />

Special Feature elsewhere in<br />

this journal.<br />

Impact Catalyst <strong>Mpumalanga</strong><br />

has been launched in<br />

<strong>Mpumalanga</strong>, having previously<br />

operated in two of South Africa’s<br />

other big mining provinces,<br />

Limpopo and the Northern Cape.<br />

Impact Catalyst aims<br />

to drive large-scale socioeconomic<br />

development<br />

initiatives through publicprivate<br />

partnerships and a<br />

big focus in <strong>Mpumalanga</strong> is<br />

going to be the transition to<br />

green energy. An initiative of<br />

Anglo American and Exxaro,<br />

the Council for Scientific and<br />

Industrial Research (CSIR) and<br />

World Vision, Impact Catalyst<br />

will assist with mine and power<br />

station closures, ensuring that<br />

they are done in a way that<br />

protects the environment and,<br />

where possible, setting up<br />

manufacturing or agricultural<br />

opportunities for local<br />

communities. ■<br />

43<br />

MPUMALANGA BUSINESS <strong>2023</strong>/<strong>24</strong>

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