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Exxaro Base Metals and Industrial Minerals asset structure
Overview
The Rosh Pinah zinc/lead mine in southern Namibia and Zincor electrolytic refinery in Gauteng are one of the few integrated zinc mining and refinery operations worldwide. Exxaro has an effective 22% interest in the Chifeng zinc refinery in China. In 2009, Rosh Pinah and Zincor produced 94kt of zinc concentrate and 87kt of zinc metal respectively. A dedicated plant in Pretoria manufactures high-quality, gas-atomised ferrosilicon while Glen Douglas provides a range of products for the steel, construction and agricultural sectors.
Following the strategic decisions taken during the last quarter of 2009, the focus in the base metals commodity has been updated to:
- secure a viable long-term quality feedstock supply for Zincor
- quantify the upside life-of-mine potential at Rosh Pinah
- optimise the assets for divestment.
Activities in the financial year ahead will focus on approaching potential suitors in the second half.
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