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Local business benefits from spirit of Chinese investments and technology exchanges PMC is supporting progress and development through community initiatives.

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RICS describes the group of Brazil, Russia, India, China and South Africa working together to promote development. The Palabora Mining Company success story shows that amid cultural differences and global economic uncertainties, cooperation by companies from BRICS can create a favourable environment for growth, technology exchanges and the buiding of international cooperation in the spirit of BRICS. Before commissioning and construction of the new floatation plant at PMC, the executive managers and senior managers travelled to China for fact-finding and comparative analysis missions on floatation plants to be built at the site in Limpopo. As part of resource sharing, skills and technology transfer, the main Chinese contractor has subcontracted work to various South African companies.

Community development initiatives Collaboration between Palabora Copper, the Chinese Consortium and BGRIMM does not only extend to tangibles, considerable investments and technology transfer opportunities, but is also benefitting the communities of Phalaborwa. Since 2013, the Chinese Consortium – through PC – has spent more than R186.5-million in socio-economic development initiatives in Phalaborwa. These include:

Skills transfer Palabora Mining Company’s smelter refurbishment project and construction of the floatation plant are being implemented in partnership with China’s Beijing General Research Institute of Mining and Metallurgy. In addition to technology transfer, BGRIMM has contractually committed to employ 90% of unskilled labour and 80% of the semi-skilled labour from the Phalaborwa area and transfer new skills to PC employees who work at the smelter. The aim is to empower employees to operate and maintain the refurbished smelter once it is completed. LIMPOPO BUSINESS 2019/20

Enterprise and Supplier Development Palabora Copper has implemented enterprise and supplier development programmes to empower Phalaborwa’s Small, Medium and Micro Enterprises (SMMEs) to so that they are able to grow and shine the economic candle of Phalaborwa beyond the life of PC.

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Profile for Global Africa Network

Limpopo Business 2019/20 edition  

The 2019/20 edition of Limpopo Business is the 11th issue of this highly successful publication that, since its launch in 2007, has establis...

Limpopo Business 2019/20 edition  

The 2019/20 edition of Limpopo Business is the 11th issue of this highly successful publication that, since its launch in 2007, has establis...