Assore Holdings is a privately held group engaged in the mining, processing and marketing of a range of ores, minerals and metals in a number of countries.
In South Africa, the group’s principal investment (via Assore South Africa) is in Assmang Proprietary Limited (Assmang), which it controls jointly with African Rainbow Minerals Limited (ARM). The 50/50 JV operates two iron ore mines (Khumani and Beeshoek) and two manganese mines (Nchwaning and Gloria) in the Northern Cape, as well as the Cato Ridge manganese alloys complex in KwaZulu-Natal. Assmang also has a controlling interest in the Sakura Ferroalloys manganese alloys complex in Sarawak, Malaysia. Assore South Africa also 100% owns and operates the significant Dwarsrivier Chrome Mine (DCM) in Limpopo and the Wonderstone industrial mineral mine (WST) in the North West province.
Outside of South Africa, the group’s growing international footprint, via the UK-domiciled Assore International, includes strategic investments in the precious gemstones space (Gemfields), in lithium (Atlantic Lithium) and in a range of underlying new, energy transition-focused commodities via Vision Blue Resources (VBR). Assore International is also in the process of consolidating the group’s international marketing businesses, which, together with the Ore & Metal (O&M) business, based in South Africa, are responsible for marketing and selling all the group’s ores, minerals and metals.