8 reasons to invest in a mining project in South Africa #mining
- Mining in South Africa boasts total annual income exceeding R330 billion
- South Africa is the World’s largest producer of chrome, platinum group metals, manganese, vanadium, and vermiculite
- South Africa is the world’s second largest producer of ilmenite, palladium, rutile, and zirconium
- Mining in South Africa accounts for over 10% of global gold production
- As a coal producer, South Africa currently ranks 5th globally, producing an average of 224 million tonnes of marketable coal each year
- South Africa is the world’s leading vanadium supplier and produces almost 10 million kg of vanadium oxide, 9 million kg of ferrovanadium, and 70 000 tonnes of vanadium bearing slag
- As a major role-player globally, mining in South Africa boasts a high level of technical and production expertise – increasing your potential return on investment
- Two of the world’s largest mining companies have their origins in South Africa: BHP Billiton and Anglo American Plc
*Original source ProjectsIQ
For strategy and insight on Mining Investment in South Africa, visit www.terrapinn.com/miningafrica
