Of all the metals that make modern life possible, steel is the most widely used – and iron ore is its main ingredient.
Higher Iron ore grades are needed in improving Auto markets, Construction and other demanding types of specialised infrastructure. This is a prime reason for the great demand from maturing economies such as in China, Japan and Europe, and now increasingly in the Middle East and India. Export sales to China accounted for 61% of the Company’s total exports. Exports to the rest of Asia remained at around 19% of the total, while Europe is 12%.
Iron ore is also used in medicine, cosmetics, engineering, construction, paint and a whole range of other products we use in our daily lives. And technology is demanding increasingly sophisticated forms of steel.
We strive to match our products with our customers’ needs. By listening to our clients requirements, we are able to develop and deliver high-quality products which strengthen our client relationships and cement our position in the global market.
Not all iron ore is created equal. The highest quality and most important iron ores for steelmaking are hematite (Fe2O3) and magnetite (Fe3O4). Hematite is the more sought-after ore and the preferred raw material in efficient steelmaking mills. It accounts for approximately 95% of South Africa’s iron ore production. These iron ore reserves are all of high quality Hematite allowing us to produce both high quality lump (64.0%Fe) and high grade sinter fines (63.5%Fe) for the domestic and export markets. We are unique in that we are primarily a principle lump producer with a product of recognized exceptional chemical and metallurgical quality.
We produce ore for the export market at our Sishen and Kolomela mines, with our Thabazimbi product supplying the domestic market. Our philosophy of quality, reliability and consistency ensures excellence and delivers verified value.