The Public Investment Corporation (PIC) has increased its shareholding in JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat to 15.48%.
The Afrimat group supplies a range of products ranging from construction materials including aggregates, bricks, blocks, pavers and readymix concrete; to industrial minerals including lime and lime products; as well as bulk commodities such as iron-ore, anthracite and manganese.
As part of Afrimat’s diversification strategy, the group reports that it is constantly in search of opportunities to grow its product offering.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
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