Ntsimbintle Holdings

Ntsimbintle Holdings is a leading mining investment company established in 2003, when nine Black South African groups formed a company to pursue manganese mining opportunities. Since then, the company has grown exponentially from its beginnings as a junior miner applying for prospecting rights. Today, it is the majority shareholder of Tshipi Borwa mine, which became South Africa’s single largest manganese mine and ore exporter in 2018 – a significant achievement for such a young company.

Investment name: Ntsimbintle Holdings

Shareholding: 5.8%

Rationale for the investment: To participate in the mining value chain through strategic investments