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Samancor Chrome’s history goes back as far as 1975, when it was established as a listed entity on the Johannesburg Stock Exchange, as a result of a merger between SA Manganese Ltd and Amcor Ltd. SA Manganese was formed in 1926 to mine manganese ore deposits in the Northern Cape, whilst Amcor was established in 1937 to exploit mineral deposits for the steel industry and to process those minerals into ferroalloys.
Samancor remained listed until it was delisted from the Johannesburg Stock Exchange in 1998 when the minority shareholders were bought out by the then majority shareholders, Billiton and Anglo American. The principally Manganese and Chrome operations were run as separate businesses of Samancor Limited until 2004 when bids were invited for the purchase of the Chrome Assets. The successful bidder, the Kermas Group, acquired Samancor Limited from Billiton and Anglo American after the unbundling of the manganese business during 2005 and 2006 and renamed the company, now holding only the chrome business, Samancor Chrome Limited. In the process, Samancor Chrome Holdings Proprietary Limited was established as the 100% shareholders of Samancor Chrome Limited. Shareholding in Samancor Chrome Holdings Proprietary Limited consists of Terris Chrome, being the majority shareholder, Hanwa/Jogmeg being a Japanese consortium and Black Empowerment Shareholders, representing entrepreneurs, employees, women in mining and communities.
During the early part of 2016 and latter part of 2017, Samancor Chrome successfully acquired the ferrochrome smelting assets and chrome mining assets from the business rescue practitioner of International Ferrometals, and likewise the smelting assets from the business rescue practitioners of ASA Metals through a series of transactions, the latter together with Sinosteel.
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Contact Information
Corporate Office
Tel: +27 11 245-1000
Fax: +27 11 245-1200
Physical Address:
1st Floor, Block A, Cullinan Place, Cullinan Close (off Rivonia Road), Morningside, Sandton, South Africa, 2196.
Postal Address:
PostNet Suite 803, Private Bag X9, Benmore, South Africa, 2010.
Sales and Product Marketing
Contact Marketing by email only, providing the required information
Email: Sales@SamancorCr.com