L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...

deposit also contains a Peridotite-Chromite Mineralization zone with
lower metal grade as compared to the Main Mineralized Zone.
The extracted ore is processed at own concentrator using the traditional
sulfide flotation technology with a capacity of 320 thousand
tons of ore per annum. The plant produces up to 5,500 tons of saleable
nickel concentrate per year.
In 2009, the Nkomati produced more than 3,000 tons of nickel in
concentrate (see Table 2.3.4. describing Nkomati production history
on attributable basis – 50% share of Norilsk Nickel) 59 .
Table 2.3.4. Nkomati production history
Saleable metal 2009 2008 2007
Nickel (metric tons) 3005 2642 2072
Copper (metric tons) 1436 1347 1195
Platinum (‘000 ounces) 3 5 5
Palladium (‘000 ounces) 11 13 14
Evraz Group S.A. has increased its stake in South Africa's Highveld
Steel to 54% after purchasing a 29.2% interest in the vanadium
producer from Anglo American for $238 million. In 2006, Evraz
Group, one of Russia's largest steel and mining companies, and
Credit Suisse bought 24.9% each in Highveld Steel and Vanadium
Corporation Limited from Anglo American plc. mining group, the
company said in a statement. Evraz had an option to purchase Anglo
American's remaining 29.2% shareholding as well as the 24.9%
holding of Credit Suisse once regulatory approvals were received
from the anti-monopoly authorities in South Africa and the European
Union. Under the terms of the clearances granted to Evraz in
February and April 2007 by the European Commission and antitrust
authorities in South Africa, Evraz has committed to divest certain
vanadium production facilities and related assets, the statement
said. The deal will enable Evraz Group to turn into a global vanadium
producer, the statement said.
With its stake in the vanadium producer augmented to 54%,
Evraz is required under South African law to make a mandatory
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