Palabora Mining - Ownership and Business Overview

Metals/miningCompany

Palabora Mining Ownership

Who owns Palabora Mining?

Palabora Mining is owned by General Nice Development, Hebei Iron and Steel Group, Tewoo Group and The Industrial Development of South Africa. It was acquired on December 11, 2012.

Palabora Mining Business Overview

Where is Palabora Mining headquartered?

Palabora Mining is headquartered in Phalaborwa,, South Africa.

How many employees does Palabora Mining have?

Palabora Mining has 2,200 employees.

What sector is Palabora Mining in?

Palabora Mining is a metals/mining company.

When was Palabora Mining founded?

Palabora Mining was founded in 1956.

Metals/mining M&A Summary in 2012

Out of 60 sectors in the Mergr database, metals/mining ranked 26 in number of deals in 2012. The largest metals/mining acquisition in 2012 was Titanium Metals - which was acquired by Precision Castparts for $2.9B.

Join Mergr to view all 76 acquisitions of metals/mining companies in 2012, including 10 acquisitions by private equity firms, and 66 by strategics.

Palabora Mining Co.,Ltd.

1 Copper Road,
Phalaborwa,, 1389
South Africa,
+27 15 780 2911
www.palabora.co.za

Palabora Mining Company is a producer of refined copper. The company's open-pit copper mine and associated processing plants produced over 2,7 million tons of copper.


Company Summary

SECTOR

Metals/Mining

Employees

2,200

Established

1956

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