South Africa ramps up mineral value-add momentum as Chinese investment moves up the value chain
THE recent US$750 million deal between Johannesburg-based Nyanza Light Metals and China's East China Engineering Science and Technology Company (ECEC) marks a watershed moment in South Africa's mining industry. The agreement, reported by miningweekly.com, focuses on establishing a titanium dioxide pigment facility in Richards Bay’s Industrial Development Zone, signifying not only a crucial leap forward for Nyanza and South Africa but also aligning with China's overarching strategy of investing in mineral beneficiation across Africa. Nyanza CEO Donovan Chimhandamba, in a past interview on Mining Weekly, explained the economic relevance of the facility for the South African economy. “South Africa currently…