Mining company Anglo American is keen to explore South Africa for base metals, said CEO Mark Cutifani in an online mining conference, according to media reports.
The company is already present in Zambia and wants to do more in South Africa and are looking for some adjustments regarding legislation front which include security of tenure, wider investment climate and empowerment ownership among others.
South Africa has traditionally been Anglo American’s core territory and now the company wants to explore further for base metals including nickel, copper, lead and zinc. This plan falls under the company’s strategy of global discovery. Production of nickel was emphasised by Cutifani as he said that he would like their South Africa platinum group metals (PGM) to increase nickel production which is in high demand for battery production.
Anglo American is a British multinational mining company with operations in Africa, Asia, Australia, Europe, North America and South America. The company produces copper, nickel, iron ore, diamonds, coal and platinum.