Dublin, March 09, 2021 (GLOBE NEWSWIRE) -- The "Mining of Iron Ore and Chrome in South Africa 2020" report has been added to ResearchAndMarkets.com's offering.
This report focuses on the mining of iron ore and chrome in South Africa and includes comprehensive information on the size and state of the sector, production, trade and other statistical information and detailed information on corporate actions and developments and regulation, including the proposed export tax on chrome.
Mining of Iron Ore and Chrome in South Africa:
South Africa was the world's sixth largest producer of iron ore and largest producer of chrome ore in 2019. In recent months local mines have begun ramping up iron ore and chrome production following the lifting of most coronavirus lockdown measures.
While high iron ore prices have lifted export earnings, the local chrome sector is struggling due to global demand challenges and rising electricity costs. The ferrochrome sector is particularly hard hit and five smelters have closed.
Developments in the Sectors:
Iron ore prices experienced the largest percentage rise among mineral prices in the year to June 2020, as a result of the reduction in supply from Brazil, although iron ore sales volumes and production were down in 2020. The chrome market remains under pressure due to ongoing oversupply and global demand headwinds.
Chrome prices experienced the biggest percentage price declines among all mineral prices in the year to June 2020. Some producers are beginning to recover, but ferrochrome producers reported marked production declines and losses in 2020.
Technology and Innovation:
Mining companies involved in the production of iron ore and chrome ore are automating drills and using drones to survey mining areas and inspect equipment that is not easily accessible, eliminating the need to expose employees to safety risks. Other innovations include trading iron ore on a blockchain-based platform.
There are profiles of 21 companies including Anglo American's Kumba Iron Ore, which mines about 70% of all iron ore in the country and other players such as Assmang and Palabora Copper.
Chrome producers profiled include Glencore, Samancor Chrome and Afarak, as well as smaller chrome ore producers such as Lanxess and Tharisa.
Key Topics Covered:
1. Introduction
2. Description of the Industry
2.1. Industry Value Chain
2.2. Geographic Position
3. Size of the Industry
4. State of the Industry
4.1. Local
4.1.1. Trade
4.1.2. Corporate Actions
4.1.3. Regulations
4.1.4. Enterprise Development and Social Economic Development
4.2. Continental
4.3. International
5. Influencing Factors
5.1. Coronavirus
5.2. Economic Environment
5.3. Mine Safety
5.4. Technology, Research and Development (R&D) and Innovation
5.5. Environmental Concerns
5.6. Labour
6. Competition
6.1. Barriers to Entry
7. SWOT Analysis
8. Outlook
9. Industry Associations
10. References
10.1. Publications
10.2. Websites
Appendix
- Summary of Notable Players
- Mining of Chrome and Production of Ferrochrome
- Mining of Iron Ore
- Company Profiles - Mining of Chrome and Production of Ferrochrome
- Afarak Group Oyj
- Anglo American Platinum Ltd
- Assore Ltd
- Bauba Resources Ltd
- Eastern Platinum Ltd
- Glencore Operations South Africa (Pty) Ltd
- Impala Platinum Holdings Ltd
- Jubilee Metals Group plc
- Lanxess Chrome Mining (Pty) Ltd
- Northam Platinum Ltd
- Samancor Chrome Ltd
- Sibanye Stillwater Ltd
- Tharisa plc
- Thutse Mining (Pty) Ltd
- Company Profiles - Mining of Iron Ore
- Afrimat Ltd
- Assmang (Pty) Ltd
- Assore Ltd
- Kumba Iron Ore Ltd
- Manngwe Mining (Pty) Ltd
- Palabora Copper (Pty) Ltd
- Sedibeng Iron Ore (Pty) Ltd
- Strata Africa Resources (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/r/uuamss