Assmang Limited发表评论(0)编辑词条

Corporate Profile
Assmang Limited is a company incorporated in the Republic of South Africa to supply raw material to the world's steel mills and alloy plants.
Formed in 1935 - and listed on the Johannesburg Stock Exchange in 1936 - the Group employs 2 865 permanent employees. Assmang was delisted in February 2006.
Originally named The Associated Manganese Mines of South Africa Limited, it changed its name to Assmang Limited on 30 May 2001. Assmang, jointly owned by African Rainbow Minerals Limited (50%) and Assore Limited (50%), currently has three operating divisions based on its three commodities, chrome, manganese and iron ore. Although each division operates independently, together they strive to achieve optimum efficiencies.
Assmang's Manganese Division consists of the manganese mines in the Northern Cape, Nchwaning and Gloria, and the ferromanganese works at Cato Ridge in KwaZulu-Natal. The Chrome Division consists of the Dwarsrivier chrome mine and the Machadodorp ferrochrome works both in Mpumalanga, while the Iron Ore Division is made up of the Beeshoek mine and the Khumani iron ore project in the Northern Cape around Postmasburg and on the three farms adjacent to Kumba Resources' Sishen mine, respectively.
Operations & Products
Chrome division
Due to the financial crisis and the devastating effect it has had on stainless steel production and consequently ferrochrome demand, Machadodorp took Furnaces 3 and 5 out of production on 25 October and Furnace 2 on 8th December 2008. No date has been set for restarting this idled capacity but the market will be closely monitored.
The Dwarsrivier Mine has also been affected and after sufficient stockpiles have been built up production will be reduced in early 2009. The new chrome from tailings plant will be operational from early 2009. An additional, new underground portal is currently under development in the North of the property.
Iron ore division
The Khumani Mine met its plan and contractual commitments for 2008. It is on schedule to increase production to 10 Mill tpa from Q1 2010.
Following on a positive pre-feasibility study, the Board has authorized a full feasibility study to increase production from 10 Mill tpa to 16 Mill tpa at an estimated cost of R7.3 Bill. The study cost and purchase of long lead-time capital equipment items amounts to R1.2 Bill, which is already committed.
Transnet has committed to an additional 4 Mill tpa of additional export capacity and the remaining 2 Mill tpa will be sold on the local market.
Manganese division
After record sales in FY 2007/08, the Nchwaning Mine is taking the opportunity of reduced sales due to the financial crisis and the cutback in steel production to replenish stockpiles. The market situation is being constantly monitored and production will be adjusted to meet demand.
Projects are going ahead to increase capacity at Nchwaning 2 and 3 from 3.6 to 4.2 Mill tpa by 2011 and at Gloria from 0.48 to 0.96 Mill tpa by the second half 2009.
At Cato Ridge, No 6 furnace was finally recommissioned in late October after the accident in February and the Works is again operating at full capacity. Stock levels, which were reduced during 2008, are being increased after which a decision will be made whether production needs to be reduced due to the difficult market circumstances.
阿斯芒公司是南非第二大铁矿石出口商，同时还经营锰矿、锰系合金、铬系合金等业务。2004财年Assmang生产铁矿石626万吨，同比增加7.7%。出口550万吨，而2003财年为530万吨。2004年锰矿销售量为140万吨，而2003财年为120万吨。