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Afrimat

Afrimat is a South African open-pit mining company focused on the supply of industrial minerals, building materials and commodities. The company is headquartered in South Africa and operates across multiple provinces, with a particular concentration in the Western Cape, Eastern Cape, KwaZulu-Natal and Gauteng. Afrimat is listed on the JSE Limited and has grown through a combination of organic expansion and strategic acquisitions. Its core product portfolio includes aggregates, cement, concrete, industrial minerals, anthracite and iron ore, serving the construction, infrastructure and industrial sectors. The company operates through several business segments, including construction materials, industrial minerals and commodities. Afrimat supplies materials for road construction, building projects and industrial applications, positioning itself as a significant player in South Africa's construction materials market. The company has expanded its footprint through acquisitions of quarries, mines and related operations, building scale in regional markets. Revenue is derived primarily from domestic sales, with the business closely tied to South Africa's infrastructure investment cycles and construction activity. Afrimat was founded in the early 2000s and has grown from a regional aggregates supplier into a diversified industrial minerals group with a national presence.

Afrimat News


Afrimat CEO Andries van Heerden
Afrimat posts solid results; sets focus on growing cash generation, reducing debt
21st May 2026 By: Schalk Burger

Although it remains profitable, is able to service its debt and posted good results for the financial year ended February 28, JSE-listed construction materials and industrial minerals mining... 


Jacques Breytenbach
Tharisa appoints CFO designate
22nd April 2026 By: Creamer Media Reporter

Johannesburg- and London-listed integrated resource group Tharisa has appointed former Petra Diamonds CFO Jacques Breytenbach as CFO designate, with effect from May 1. He will succeed Michael... 


The Nkomati anthracite mine
Afrimat to report higher full-year EPS, HEPS
21st April 2026 By: Sabrina Jardim

JSE-listed Afrimat expects to report a 22.1% to 32.1% year-on-year increase in earnings per share (EPS) to between 76.9c and 83.2c for the financial year ended February 28. In a trading statement,... 


The Nkomati anthracite mine
Afrimat reports stable performance, expects trading conditions to remain difficult in coming year
17th February 2026 By: Schalk Burger

JSE-listed industrial minerals and construction materials producer Afrimat, in a pre-close operational update for its financial year ending on February 28, said trading conditions were expected to... 


Commission approves Afrimat’s proposed acquisition of Ochre Shimmer Trade and Invest 78
Commission approves Afrimat’s proposed acquisition of Ochre Shimmer Trade and Invest 78
11th December 2025 By: Sabrina Jardim

Following its ordinary meeting on December 9, the Competition Commission has approved JSE-listed construction materials and industrial minerals company Afrimat’s proposed acquisition of Ochre... 


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