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ARM Ferrous

Chrome Division

Chromite operations at Dwarsrivier Mine form part of the chrome division of Assmang. The mine is situated approximately 30km from Steelpoort and 60km from Lydenburg, in Mpumalanga province, South Africa. Dwarsrivier Mine is specifically geared to deliver high-quality metallurgical grade chromite to the Machadodorp smelter. In addition, the plant has been designed to produce chemical grade products for export.

Management Jointly managed by ARM and Assore, through Assmang. ARM provides administration and technical services while Assore performs the sales and marketing function as well as technical consulting services.
Resources
Measured and Indicated
69.04 million tonnes at 38.06% Cr2O3
Reserves
Proved and Probable
48.34 million tonnes at 33.07% Cr2O3
Total labour 1 786 employees, including 593 contractors

Operational statistics

    F2013 F2014 F2015 F2016 % change
Attributable headline earnings R million 1 64 92 55 (40)
Operating profit % (10) - 15 9  
Dwarsrivier chrome ore
Chrome ore produced 000t 1 033 1 014 1 110 1 200 8
Chrome ore sold* 000t 1 054 988 1 068 1 147 7
Sales revenue* R million 1 191 1 291 1 609 1 727 7
Total costs R million 1 193 1 190 1 432 1 578 10
Operating (loss)/profit R million (2) 101 177 149 (16)
Capital expenditure R million 132 243 207 149 (28)
Machadodorp charge chrome
Charge chrome produced 000t 23 22 21 15 (28)
Charge chrome sold 000t 77 32 18 15 (17)
Sales revenue R million 685 317 189 166 (12)
Total costs R million 862 234 103 155 50
Operating (loss)/profit R million (177) 83 86 11 (87)
Capital expenditure R million - - - - -

* Excluding intra-group sales.

Ferrous division

Ferrous Division map

Ferrous division map


Partner companies

Assore Limited

www.assore.com


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