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South Africa / Mpumalanga / Lydenburg /
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Xstrata Alloys Ferro Chrome Plant uses old Vantech Infrastructure.


In late 2004, Xstrata Alloys announced the permanent closure of its Vantech vanadium operation in Mpumalanga, South Africa. The mine was put into care and maintenance in early 2004, following the depletion of the Kennedy Vale ore deposit. The decision to close Vantech followed a thorough assessment of the operation's future prospects and of the financial viability of opening a new mining area at the site.

The assessment found that significant investment was required to develop the Steelpoortdrift deposit. In addition, the higher ongoing operating costs, the sustained strength of the South African rand and our view that the current spot price for vanadium is not sustainable in the long term meant that further investment to restart production at Vantech could not be justified.

We are now concentrating our efforts on completing a full rehabilitation programme in accordance with our mine closure plan.

Reference for information:
www.xstrata.com/sustainabilityreport/2004/page57
Nearby cities:
Coordinates:   24°49'20"S   30°6'47"E

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This article was last modified 15 years ago