African Rainbow Minerals (ARM) is a leading South African diversified mining and minerals company with operations in South Africa and Malaysia. ARM mines and beneficiates iron ore, manganese ore, chrome ore, platinum group metals (PGMs), nickel and coal. It also produces manganese alloys and has a strategic investment in gold through Harmony Gold Mining Company Limited (Harmony Gold).
| 1 | ARM’s effective interest in Modikwa Mine is 41.5%, local communities hold an effective 8.5% interest. |
| 2 | The acquisition of Bokoni Mine became effective on 1 September 2022. Qualifying employees, host communities and black industrialists will be allocated 15% in Bokoni Mine, with each group owning 5%. |
| 3 | Nkomati Mine is on care and maintenance. |
| 4 | ARM owns Machadodorp Works which is currently being used to develop more cost-effective and energy-efficient ways of smelting. |
| 5 | ARM’s effective interest in PCB is 20.2% and in GGV Mine is 26%. |
ARM’s quality diversified portfolio enabled the company to remain resilient in a volatile and challenging F2023, delivering strong full-year earnings and maintaining a robust financial position.
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ARM operations are located in the Northern Cape, Limpopo, Mpumalanga and KwaZulu-Natal provinces in South Africa. In Malaysia, the Sakura Ferroalloys smelter is in the Sarawak province.
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