Ironveld Smelting

In 2022 Ironveld agreed the acquisition of the Ferrochrome Furnaces (Pty) Ltd, the smelter complex in Rustenburg. The refurbishment project was substantially completed by the end of 2023.

At full capacity the Rustenburg operations are expected to be producing the following approximate quantities of products per annum:

  • c20,000 tonnes of high purity iron;

  • c180 tonnes of vanadium metal contained in slag;

  • c3,600 tonnes of titanium metal contained in slag.

An initial engineering study has been completed for a pilot-scale, water-based atomiser to produce high-purity iron powder, a critical material for advanced manufacturing and energy storage applications.

This detailed engineering and procurement package lays the foundation of a next-generation smelting operation that aligns with global trends in additive manufacturing and could generate industry-leading margins.