Ntsimbintle Mining is engaged in the exploration and exploitation of manganese mineral rights. Its major investment is a stake in Tshipi Borwa, a R2-billion open-pit manganese mine in South Africa’s Northern Cape region. The mine has a life of more than 60 years at a production rate of 2.4 million tonnes a year.
Investment name: Ntsimbintle Mining
Shareholding: Minority stake
Rationale for the investment: To participate in the mining value chain through strategic investments