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Thabazimbi mine to be transferred to AMSA

Contributing Editor Online
Kumba Iron Ore has agreed to transfer its Thabazimbi mine, in Limpopo, to ArcelorMittal South Africa (AMSA). Until 2014, the mine was a captive mine owned and run by Kumba subsidiary Sishen Iron Ore Company (SIOC), but was funded by and supplied ore exclusively to AMSA. AMSA is, therefore, responsible for 96% of the mine’s rehabilitation liability, while SIOC is responsible for the site’s management and the remainder of the liability.

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