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Future performance objectives

Taking into account management’s assessment of the risks and opportunities identified under “Risks and opportunities”, the specific KPIs for the short and medium term include:

  • The completion of the Wet High Intensity Magnetic Separation (WHIMS) project at Assmang’s Khumani Iron Ore Mine, which aims to achieve consistently high yields of iron content per ton of ore mined;
  • Increasing the capacity of Assmang’s Gloria and Nchwaning manganese mines and processing plants, improving ore handling capabilities and establishing a sinter plant with a view to optimally utilise the manganese resources;
  • Negotiating increased capacity allocation for iron and manganese ores railed from the Northern Cape; and
  • The optimisation of alloy production across the group’s ferromanganese and ferrochrome facilities.