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Mining gets a R8.5bn boost in Northern KZN
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Mining gets a R8.5bn boost in Northern KZN
RIO Tinto has made a decisive vote of confidence in KwaZulu-Natal’s mining future, approving a R8.5 billion investment in Zulti South, lifting the five-year suspension at Richards Bay Minerals (RBM). The project will extend RBM’s operations to 2050, securing a stable supply of zircon, rutile and ilmenite as Zulti North declines, while safeguarding jobs, supporting export revenues, and reinforcing the company’s long-term commitment to host commun…
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