http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.48Change: 0.08
R/$ = 11.46Change: 0.05
Au 1228.13 $/ozChange: -10.36
Pt 1231.50 $/ozChange: -11.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 17, 2012

Lack of consensus, strategic integration holding back beneficiation

Back
Johannesburg|Africa|Environment|Exploration|Industrial|Industrial Development Corporation|Mining|Platinum|PROJECT|Project Management|Resources|Africa|South Africa|Institute For African Alternatives|Value Chain|Ben Turok|Infrastructure|Jorge Maia|Mbuyazwe Magagula
|Africa|Environment|Exploration|Industrial|Mining|Platinum|PROJECT|Project Management|Resources|Africa||||Infrastructure|
johannesburg|africa-company|environment|exploration|industrial|industrial-development-corporation|mining|platinum|project|project-management|resources|africa|south-africa|institute-for-african-alternatives|value-chain|ben-turok|infrastructure|jorge-maia|mbuyazwe-magagula
© Reuse this



JOHANNESBURG (miningweekly.com) – Government departments would have to align, coordinate and integrate more strategically to drive mineral beneficiation in South Africa, Professor Ben Turok, chairperson of the Institute for African Alternatives and African National Congress Member of Parliament, said Wednesday.

Speaking at a media briefing following a consultative meeting on beneficiation at the Industrial Development Corporation (IDC) head office, he indicated that many private sector players cited hurdles relating to government departments as hampering their efforts to beneficiate more of South Africa’s minerals.

“Some say they will start beneficiating when it makes commercial sense, but the State has the role of creating the environment for this to happen,” Turok stated.

Linkage issues within the value chain, such as infrastructure and training would have to be addressed.

A lack of consensus regarding what beneficiation entailed was also holding back efforts to go beyond exploration, extraction and processing.

“There is no common understanding of the science and technology and process of beneficiation. Every company or department sees it differently. But we have started the process of creating coherence,” Turok explained.

It was agreed at the meeting that regulation, combined with incentivisation would be a better option than to pressure mining companies into beneficiation initiatives.

As one of the world’s best-resourced countries, South Africa’s low beneficiation rate was a “conundrum”, Turok said.

“South Africa has the largest chrome deposit in the world, but ore is exported raw…we do have companies that can create ferrochrome, they do some smelting, but not full beneficiation,” he said, adding that a great deal of the last stage of the value chain happened abroad.

Turok stated that the country’s export basket was too dependent on minerals and that it would have to be expanded to contain manufactured goods as well.

“We need to address the highly concentrated nature of South Africa’s merchandise export basket, reduce our economy’s vulnerability to cyclical trends and improve our competitiveness in global markets.

“We import too many manufactured goods, we have the capacity to manufacture it ourselves.”

IDC research and information head Jorge Maia said South Africa held 88% of the world’s platinum-group metals reserve base, but that its utilisation was at 0.4%. “There is still a lot of potential for extraction,” he noted.

The country also contained 80% of the world’s manganese reserves and 72% of its chrome ore reserves.

“We must turn this into competitive advantages,” he said, reiterating that further development of these reserves and subsequent beneficiation would be beneficial for South Africa on many levels.

“Beneficiation promotes industrial diversity in the spread of downstream processes and would ensure more balanced growth,” Maia indicated.

It would also build industrial competitiveness and promote skills and technological developments, while playing a central role in attracting foreign direct investment and rejuvenating private sector investment activity.

IDC mining and minerals beneficiation head Mbuyazwe Magagula said the development finance institution would assist with funding and project management, as well as research and development in the drive towards increased beneficiation.

NEXT STEP

Turok said the draft report of the meeting would be finalised and given to the private sector and the Parliamentary portfolio committees of relevant departments, among others, the Department of Trade and Industry and the Department of Mineral Resources.

“Then we will have to discuss how to take the process further,” he said.

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Updated 1 hour 14 minutes ago Tanzania's Energy and Minerals Minister Sospeter Muhongo resigned on Saturday amid a graft scandal that has rocked the gas-rich country and led Western donors to delay aid, though he called himself "incorruptible" and denied wrongdoing. Muhongo became the third...
Updated 1 hour 22 minutes ago Madagascar will not achieve the 5% growth the International Monetary Fund has projected for it this year unless it introduces reforms to boost tax revenue and improve the business climate, an IMF official told Reuters. The Fund said earlier this week that the economy...
Updated 2 hours 18 minutes ago Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
More
 
 
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
 
 
 
 
 
This Week's Magazine
BRUCE BRADFORD The 3D printers have a clear upgrade path to eventually print in wood, ceramics and metal-alloys
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks