Zulti South project, South Africa
Name of the Project
Zulti South project.
Location
Northern KwaZulu-Natal, South Africa.
Project Owner/s
Mineral sands producer Richards Bay Minerals (RBM), a joint venture between Rio Tinto (74%) and Blue Horizon.
Project Description
RBM currently operates within the Zulti North lease area, which includes a mineral separation plant and smelting facility. As the orebody at Zulti North declines, Zulti South is important to RBM, as it is expected to maintain a stable supply of zircon, rutile and ilmenite, and support titanium dioxide sales over the life-of-mine (LoM). The investment aims to extend the mine's life to 2050 and ensure RBM's operational continuity.
The project will be completed in phases. This first phase will support RBM’s supply of zircon and ilmenite. The second phase will follow as part of the long-term development strategy.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
R8.5-billion ($473-million).
Planned Start/End Date
The project will take 30 months to complete, with initial commercial production expected in the fourth quarter of 2028.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
China Harbour Engineering Company (engineering, procurement and construction contractor).
Contact Details for Project Information
Rio Tinto South Africa corporate affairs, Londi Sibisi, cell +27 72 552 0050 or email Londi.sibisi@riotinto.com.
Richards Bay Minerals, Nelisiwe Masina, cell +27 60 546 5040 or email Nelisiwe.Masina@riotinto.com.
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