Kalagadi Manganese mine plans to become the largest manganese exporter
At the ongoing Africa Investment Forum CNBC Africa spoke with Daphne Mahile Nkosi, chair of Kalagadi Manganese Mine on the challenges of mining in Africa.
Wed, 07 Nov 2018 15:23:17 GMT
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- The challenges faced by Kalagadi Manganese Mine over its 18-year-long ramp-up period, including funding issues and operational hardships.
- The unique value proposition of manganese center as a benefited product in the steel-making industry, distinguishing Kalagadi Manganese Mine in the global market.
- The future expansion plans of Kalagadi Manganese Mine into East and West Africa, focusing on consolidating mineral resources and empowering women in the mining sector.
Kalagadi Manganese Mine, located in the northern Cape of South Africa, has recently embarked on its journey to become a leading exporter of manganese in the region. The mine, which has faced numerous challenges over the years, has finally started its exports after an 18-year-long struggle to establish its operations. Despite facing funding issues and undergoing significant hardships, the mine has managed to push through and achieve a milestone by exporting 500,000 tons of manganese alloy between June and March this year.
The benefit of manganese alloy, as highlighted by Daphne Mahile Nkosi, Chair of Kalagadi Manganese Mine, lies in its uniqueness compared to traditional manganese ore. The center product, with a manganese content ranging from 37% to 44%, is particularly valuable in the steel-making industry. What sets Kalagadi Manganese Mine apart is its status as the first company in the world to export 4 million tons of manganese center, placing Africa on the global map as a significant player in the manganese market.
Nkosi's vision extends beyond just exports as she emphasizes the importance of empowering women in the mining sector. Through initiatives like 'Women in Business in Africa', Nkosi aims to mentor and support female entrepreneurs in the industry, paving the way for future generations of women to excel in the mining and natural resources sectors.
Looking ahead, Kalagadi Manganese Mine is setting its sights on expansion into East and West Africa. By leveraging the abundant natural resources in these regions, particularly in the manganese sector where Africa holds 90% of the world's reserves, the mine aims to solidify its position as a key player in the international market. By consolidating resources and collaborating with other African nations like Gabon, Kalagadi Manganese Mine envisions a future where African countries no longer passively accept prices but actively influence and control them, thereby driving economic growth and empowerment on the continent.
Despite the challenges faced and the obstacles overcome, Nkosi remains steadfast in her commitment to realizing the potential of African women in the mining industry. Her determination to succeed not only for herself but for the generations of women to come underscores the transformative impact that empowered women can have on the African economy and the continent's overall development.