Palabora Copper (Pty) Limited extracts and beneficiates copper and other by-products in the Ba-Phalaborwa area of Limpopo Province. Palabora is South Africa’s only producer of refined copper and provides the local market with 85% of its copper requirements.

Ownership
Palabora Mining Company was incorporated in South Africa in August 1956. The company was owned and managed by Rio Tinto. Rio Tinto owned 57.7% and Anglo American had 16.8% of the shares. On 5 September 2012, the two companies announced their intention to sell their respective interests in Palabora. On 11 December 2012, Rio Tinto announced that it reached a binding sales agreement with a consortium which is committed to the on-going sustainable management of Palabora. The consortium comprises South African and Chinese entities led by the Industrial Development Corporation (IDC) of South Africa Limited and China’s Hebei Iron & Steel Group. The sale agreement was concluded in July 2013, and the company’s name changed from Palabora Mining Company to Palabora Copper (Pty) Limited.

Vision
To become a leader in the mining industry through its performance.

Mission
To safely and profitably extract and convert minerals and metal from the Palabora ore body.

Objectives
Palabora’s four strategic objectives which are key drivers towards the achievement of its vision are:
  • Create a strong enterprise
  • Optimise operations
  • Resourcing for success
  • Sustainability long life Values
  • Integrity
  • Courage
  • Caring
  • Teamwork

Operations
The copper operation comprises an underground mine, concentrator, copper smelter with anode casting facilities and an associated acid plant, an electrolytic refinery tank house, rod casting plant, magnetite separation plant and by-product recovery plants. The vermiculite operation comprises an open pit mining operation and a recovery plant.

An employer of choice
From the time the mine started operations in the mid-1960s, Palabora has been at the forefront of employment practices in the local mining industry. Palabora employs approximately 2 200 people, with competitive employment conditions in the industry. The Human Resources division is an active partner in facilitating the company’s objective of ‘Resourcing for success’, and the creation of a self-motivated and progressive Palabora workforce that is focused on business objectives, while achieving personal and career growth, as well as selffulfillment.

Health
The safety and health of employees at Palabora Copper is of the utmost importance and it’s a key principle in an efficient and profitable operation. Therefore, the company firmly believes that all injuries, occupational illnesses and incidents are preventable.

All employees and contractors undergo entrance and exit medical examinations when joining and leaving the company. During their course of employment they are subject to routine medical examinations. Routine examinations are risk based and provide a comprehensive health profile of each employee.

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PALABORA MINING COMPANY LIMITED
Phalaborwa, Limpopo , South Africa
T: +27 (0)15 780 2911
PO Box 65, 1 Copper Road, 1389
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