The construction of the Nyanza Light Metals Titanium Dioxide plant commences after delays caused by the outbreak of Covid-19

MEDIA RELEASE

 

The construction of the Nyanza Light Metals Titanium Dioxide plant commences after delays caused by the outbreak of Covid-19

 

23 March 2021

 

Richards Bay – Efforts to rebuild the economy of this province have been strengthened by the commencement of construction for the Nyanza Light Metals’ Technical Services Centre and plant by Grinaker-LTA (G-LTA).

It should be remembered that the clearing of site and construction should have commenced some time last year but was derailed by the outbreak of Covid-19. The pandemic left in its track, the destruction of the economy with thousands of job losses and companies shutting down.

Statistics South Africa (Stats SA) released data towards the end of last month which shows that about four out of ten people are unemployed in the country. As indicated by the Finance MEC Nomusa Dube-Ncube during the delivery of Budget Speech recently, this number is estimated at five out of ten in this province. She pointed out that between the fourth quarter of 2019 and the fourth quarter of 2020, the number of people employed in the country dropped from 16.4 million to 15 million. According to Dube - Ncube, this implies that close to 1.4 million people became unemployed in 2020, largely as a result of the pandemic. Over the same period, 210 thousand people became unemployed in this province.   

Taking cue from governments’ economy recovery initiatives as well as the MEC for Economic Development, Tourism and Environmental Affairs, Ravi Pillay the Richards Bay Industrial Development Zone (RBIDZ), is steaming ahead with efforts aimed at creating job opportunities for the people of this province. The enduring partnership between the Richards Bay Industrial Development Zone Company SOC Ltd and Nyanza Light Metals (Pty) Ltd will help accelerate the reconstruction and re-engineering of the economy of this province.

We will continue to work with leadership across all spheres of government to ensure a new trajectory of socio-economic development, using RBIDZ as a catalyst. The organized labour and other social partners remain critical during this period which must be characterized by social stability.

Nyanza Light Metals (Pty) Ltd is a chemical manufacturing company established in 2011, which has begun the process of building titanium dioxide (TiO2) pigment production plant at the RBIDZ. Titanium dioxide (TiO2) pigment, a R350 billion market, is widely used in the manufacturing of products such as paints, industrial coatings, plastics, papers, inks, foods, medicines (i.e. pills and tablets) as well as most toothpastes.

The project is in line with the RBIDZ’s mandate of being a purpose-built and secure industrial estate tailored for the manufacturing of goods and production of services to boost beneficiation, investments, economic growth, job creation and the development of skills.

Though South Africa (RSA) is the second largest producer of titanium dioxide mineral sands and slags in the world after Australia, accounting for more than 22% of the 7 million tons’ global production, it is an importer of all value added titanium products such as the Titanium dioxide (TiO2) pigment and hardly has any local titanium value addition industries.

The project will be rolled-out in two phases, the first phase being for the construction of a Technical Services Centre which will house a semi-production plant with an investment value of R200 million and the second being the main production plant, accounting for the total investment value of R4,5 billion. At peak production, the main commercial plant will produce over 80,000 tons per annum of titanium dioxide (TiO2) pigment as well as other titanium related products, and water treatment chemicals such as gypsum, iron and aluminium sulphate (copperas).

The duration of the construction of the Technical Services Centre is anticipated to be twelve (12) months. The semi-production plant housed in the Technical Services Centre will produce sufficient pigment volumes for paint manufactures to use and develop paint or other formulations based on the Nyanza pigment grade. The semi-production plant will employ about hundred (100) people during construction phase and create an estimate of sixty (60) permanent jobs post-construction.  Main production plant construction, phase-2, will commence in the last quarter of 2021.

The RBIDZ heralds the commencement of the first phase of this unique and significant project which will enhance Richards Bay’s position as the Titanium and Minerals Beneficiation Capital of the African Continent.

Ends.

Richards Bay Industrial Development Zone Company SOC Ltd and Nyanza Light Metals (Pty) Ltd

Choice Sihiya – +27 84 207 5823 (RBIDZ Communications)

Nyanza Light Metals (Pty) Ltd

Donovan Chimhandamba – Mobile- +27 83 640 7140 (Nyanza Light Metals – CEO)

Joy Mupariwa - +27 73 195 3492 ( Nyanza Communications)

About RBIDZ

The RBIDZ is an organisation made up of real people, with a real dedication, and passion to effect real change in South Africa. This commitment and energy is apparent in all dealings with not only each other but with potential investors too.

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Richards Bay, 3900

Phone: +27 35 797 2600
E-Mail: info@rbidz.co.za

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