Richards Bay Minerals

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Richards Bay Minerals
Location
Province KwaZulu-Natal
Country  South Africa
Production
Products Titanium Dioxide
Pig iron
Zircon
History
Opened 1976
Owner
Company Rio Tinto Group (74%)
Blue Horizon Investments (24%)
RBM permanent employees (2%)
Website rbm.co.za

Richards Bay Minerals (RBM) is a South African mining company. RBM's principal product is titanium dioxide in the form of an 85% pure titanium dioxide slag; the company also produces the higher-purity 95% titanium dioxide product rutile as well as pig iron and zircon.[1]

The company's principal operations are just north of Richards Bay in KwaZulu-Natal, South Africa, in a 2-kilometer wide by 17-kilometer long strip of mineral-rich sand dunes. RBM mines the using a dredge mining technique, extracting the titanium-iron ore ilmenite as well as rutile and zircon from the sand. This feedstock is then processed into RBM's product lines at a facility which sorts the various materials and processes them to varying degrees into marketable materials.[1]

RBM is controlled by Rio Tinto which owns 74% of it. Blue Horizon Investments (24%) and RBM permanent employees (2%) also have an interest in the mine. Prior to 2012 BHP Billiton owned 37% but that interest was later purchased by Rio Tinto in February 2012.[2]

References[edit]

  1. ^ a b "Richards Bay Minerals website". Richards Bay Minerals. Retrieved 2009-04-17. 
  2. ^ "Rio Tinto Doubles Stake in Richards Bay Minerals". February 3, 2012.