KwaZulu-Natal
South Africa
Sector
Construction & Materials
Project: THE PRODUCTION OF GRINDING MEDIA FROM STEEL SCRAP
Location
The grinding media production unit would be best situated adjacent to port and rail facilities. At present, steel scrap is railed to Durban for export. The foundry would convert the scrap to produce some 16 000 tons of grinding balls per annum.
Brief description
The project will use locally-sourced steel scrap, along with imported technology, to produce grinding media and mill castings from local steel scrap.
Rationale
With the increase in demand for raw materials in world markets and the limitation of local grinding media suppliers, South Africa has had to import grinding media. The market, previously dominated by Scaw metals, is sourcing grinding media more widely with some fabrication being located on the consuming mine property.
Budget
The capital equipment requirement for a plant producing 16 000 tons per annum of grinding balls would be R143-million. The ratios of sales price to production price would be roughly 3:1.
Employment opportunities
The project will employ approximately 60 people at an average total cost, per person, of R250
000 per annum.
For more information contact TIKZN
Project Promoter: Nkosana Sifumba, GM: Knowledge Management
Tel: +27 31 368 9600
Cell: +27 79 699 4948
Email: Nkosana@tikzn.co.za
