Afrimat Limited, a leading black empowered open pit mining company providing industrial minerals, commodities and construction materials, listed on A2X joining African Rainbow Capital Investments (AIL), Peregrine Holdings (PGR) and Coronation Fund Managers (CML).
Afrimat will retain its primary listing on the main board of JSE and its issued share capital will be unaffected by its secondary listing on A2X. Afrimat shares will be traded on both the JSE and A2X from today.
Afrimat Limited is a leading black empowered open pit mining company providing industrial minerals and construction materials. Listed in the ‘Construction & Building Materials’ sector of the Main Board JSE Limited since 2006, Afrimat continues to expand its footprint into Africa.
Backed by more than 50 years’ experience, Afrimat operates through five key divisions:
•Mining & Aggregates
Afrimat supplies a broad range of construction materials and industrial minerals ranging from mining and aggregates, metallurgical dolomites, agricultural lime, concrete products (bricks, blocks and pavers) to readymix. Further, Afrimat has established a strong foothold in contracting services comprising drilling and blasting, mobile crushing and screening.
The group’s growing geographical footprint covers vast sections of urban and rural Southern Africa, supported by the fleet of mobile crushers which offers flexibility beyond fixed areas of operation. As a result, the group’s integrated product offering is today distributed across the Western Cape, Eastern Cape, KwaZulu-Natal, Free State, Gauteng, Limpopo, Mpumalanga, and Northern Cape.
The group’s capabilities enable Afrimat to service projects of any scale from major infrastructure and construction projects for state-owned enterprises and parastatals through to small private sector contracts.
Afrimat’s consistently low staff turnover has resulted in a deep skills pool. Genuine transformation, starting with staff and management and extending to community upliftment, is integral to the group’s sustainability. In addition, environmental conservation is a pivotal element of Afrimat’s growth strategy.