Kalagadi Manganese has launched its manganese mining project in Northern Cape. The mining project is worth about USD 0.7 billion.
Kalahari Resources & ArcelorMittal mutually launched ore preparation plant and sinter plant in Hotazel, Northern Cape on 29 Nov, 2013. Project aims to process more than 3 MnT pa of Manganese ore. This will feed its upcoming sinter plant at Eastern Cape and produce 0.32 MnT pa of high carbon ferro manganese alloy.
The project is initiated with the assurance that mining venture would serve as a model for ensuring mineral wealth that leads to economic development in poverty suffering areas.
The Executive Chairwoman & Head of Kalahari Resources, Daphne Mashille-Nkosi expressed her concern on mismatch between mineral wealth of the state and poverty levels. She anticipated that mining project aims to bridge the said gap.
Mining at the site is expected to begin in February 2014.
The launch attracted government officials of the state including President & Minister of Mineral Resources.
Zuma, President of province said that, “Northern Cape is arguably one of the wealthiest in terms of mineral resources in the country. It is still the poorest in a number of aspects, including the availability of infrastructure and even institutions of higher learning. The possibilities created by the discovery of shale gas in the Karoo, of which the Northern Cape forms part, provide yet another opportunity to grow and develop the economy of this province. We are extremely excited about the prospect, because as a government we consider hydraulic fracturing for shale gas a “game-change” opportunity for the Karoo region and for our economy at large.”
Northern Cape Premier Sylvia Lucas said about conduction of the summit, next year probably. Related issues and matters concerned to supporting local communities through the project shall be discussed in the summit.