Western Limb Mining & Trading

WESTERN LIMB TRADING

The Western Chrome Limb of South Africa is the area of chrome and platinum containing ore, starting approximately at the town of Brits and extending west all the way to Rustenburg and North to Thabazimbi.

The trading of chrome ore Run of mine and concentrate in this area is headed up by Edmar Marais and Riaan du Plessis.Chromemax International buys in excess of 15 000 tons a month of Chrome ore in various forms from the wash plants and mines in the Western Chrome Limb of South Africa.Projects in the area include the funding of an upgrade to an existing chrome ore wash plant in exchange for the entire offtake of chrome ore concentrate.

Chromemax International also has offtake agreements with it strategic partners Amava Chrome for chrome ore concentrate and will be supplying feed stock to their plant from March 2018.Chromemax International also funds the buying of feedstock to its suppliers with wash plants in the Mooinooi and Rustenburg.

We are involved in managing the washing process with the suppliers and dictating quality of production in line with current market requirements.Chromemax International also supplies Afarak Mogale smelter with specialized low Vanadium chrome ore for the manufacture of specific grades of ferrochrome. This product is mined specifically for Chromemax by Tweelaagte Chrome mine out of the LG1 chrome seam.

The product is then crushed and sized by us for use in plasma arc furnaces.A life of mine offtake agreement has also been signed with the new Silkaatsnek Chrome mine for 40 000 tons of Chrome ore run of mine. Site establishment for this mine has already commenced and the first ore will be produced in March 2018.

The chrome concentrate and ROM that is bought from the various beneficiation plants mines in Mooinooi and Rustenburg is transported to Tradecor warehouse in City Deep and from there it is shipped to various end users in China and Europe.


WESTERN LIMB MINING

Zwartkoppies Chrome Mine

Chromemax International has taken a share with its partner KMC Resources in the Zwartkoppies chrome mine in the Northam area. The mining rights has been approved by the DMR and is in the final stages of being executed. This mine will be in production in April 2018 and has an estimated mineable chrome ore reserve of 2 million tons of open cast mining and 10 million tons of underground mining. The development for the underground mining will be started simultaneously with the commencement of the opencast mining. Total production from this mine will be 40 000 tons per month combined between opencast and underground. Transnet has already agreed to the use of Northam rail siding as primary shipping facility for the transport of the produced ore to Durban for bulk ship loading.

Elandskraal Chrome Mine

Chromemax International has applied for the mining rights on the farm Elandskraal in the Mooinooi area, and several portions were granted. The estimated chrome ore reserves in this mine is 1.8 million tons of opencast Middle Group chrome ore. The MG1 and MG2 ore will be processed as Run of Mine and Lumpy ore, while the MG3 and MG4 will be sent to Amava chrome to be processed into concentrate.

Welgegund Silica Project

With one of its BEE partners, WR Trading, Chromemax has also obtained an environmental rehabilitation permit on the farm Welgegund in Hartebeespoort. This permit is for the rehabilitation of the Crocodile river by extracting the sand that has closed the inflow into the Hartebeespoort dam. We will be producing 15 000 cubic meters per month of high grade Silica sand from this process that will be used in the glass manufacturing process as well as the building and aggregate sectors. The rights have been granted for the project and will be finally executed during February 2018. Since this is an environmentally sensitive are, Chromemax International has acquired special mechanical dredges to remove the sand and silt from the river without any additional pollution or dust and noise.

Operations are scheduled to commence in March 2018.