Page 178 - KZN Top Business Portfolio 2018

RICHARDS BAY MINERALS

Billy Mawasha
www.rbm.co.za

A WORLD LEADER remaining two per cent of the shares are held in an
employee trust.
Richards Bay Minerals (RBM) is a world leader in The mine produces predominantly rutile, zircon, titania
heavy mineral sands extraction and refining; and
South Africa’s largest mineral sands producer and slag, titanium dioxide feedstock and high purity iron.
RBM uses a system of ponds and floating dredges to
beneficiation company. Formed in 1976, RBM’s growth
stimulates employment, infrastructural development, mine the ore body, where heavy valuable minerals
such as ilmenite, zircon and rutile are recovered from
and encourages the uptake of skills within the local
workforce. the sand. The heavy mineral concentrate is then
transported to the mineral separation plant.
Our Business
Our Products
RBM is a significant contributor to the economy of
KwaZulu-Natal and accounts for a large percentage Currently RBM produces approximately two million
of KwaZulu-Natal’s mining output and about 3.3 per tons of products annually. At any one time, no fewer
cent of the national mining sector by value of output. than 20 large ocean-going vessels are either at
anchorage or on the high seas, transporting RBM’s
The company is also one of the major employers in
the province. products to customer markets across the globe.
Safety
Rio Tinto holds a 74 per cent stake in RBM and
manages the operations. Blue Horizon, a B-BBEE RBM believes that safety and health are indivisible, that
consortium consisting of lead investors and the four an unhealthy or tired worker is an unsafe worker. Our
host communities, owns a 24 per cent stake, while the vision is to create an injury and illness free workplace.

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