We help meet ever-growing demand
We are a leading supplier of high-quality iron ore to the global steel industry operating primarily in South Africa. We focus on creating and sharing value.
We have a 73.9% interest in Sishen Iron Ore Company Proprietary Limited (SIOC), an entity which we manage.
SIOC, in turn, owns the operating assets of the company. The remaining 26.1% interest in SIOC is held by the following black economic empowerment (BEE) shareholders:
- Exxaro Resources Limited (Exxaro), a leading BEE company listed on the JSE (19.98%)
- SIOC Community Development Trust (SIOC-CDT), a trust that funds projects in local communities (3.0%)
- Envision, an employee share participation scheme (3.1%)
Our mining operations are in the Northern Cape and Limpopo Provinces, while our port operations are in Saldanha Bay in the Western Cape Province. Our mining operations comprise the following: