MINING agreement for its sale to a consortium led by the Industrial Development Corporation ( IDC ) of South Africa Ltd and China ’ s Hebei Iron & Steel Group .
Company mantra The refinery produces continuous cast rod for the domestic market and cathodes for export . Byproducts aside from magnetite include zirconium chemicals and nickel sulphate as well as small quantities of gold , silver and platinum .
Palabora also owns a nearby vermiculite ( a versatile industrial mineral with many industrial uses ) deposit which is mined and processed for sale worldwide .
It has a strong company ethos towards looking after its people , of which it employs about 2,200 ,
1956
Incorporated in the Republic of South Africa in 1956 , located in the Limpopo Province and listed on the JSE Limited
SUPPLIER PROFILE
BP CASTROL
BP has been supplying lubricants through the Castrol brand to Palabora Copper since 1995 , and fuel since 2003 . Following the acquisition of Castrol by BP in 2000 , BP was awarded the full hydrocarbon contract in 2003 . The scope of the contract , delivered via BP ’ s Castrol Optival , included on-site management of all hydrocarbons and identification of value-creating opportunities for Palabora Copper .
Going forward , we look forward to building an even stronger partnership with Palabora Copper .
Website : www . castrol . com w ww . palabora . co . za 93