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Africa|Aluminium|Export|Financial|Industrial|Infrastructure|Manufacturing|Ports|Transnet|Manufacturing |Products|Infrastructure|Operations
Africa|Aluminium|Export|Financial|Industrial|Infrastructure|Manufacturing|Ports|Transnet|Manufacturing |Products|Infrastructure|Operations
africa|aluminium|export|financial|industrial|infrastructure|manufacturing|ports|transnet|manufacturing-industry-term|products|infrastructure|operations

TNPA, Hillside Aluminium sign 15yr lease agreement at Richards Bay port

24th October 2024

By: Creamer Media Reporter

     

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Transnet National Ports Authority (TNPA) has signed a 15-year lease agreement with South32 Hillside Aluminium, securing the continued operational presence of South Africa’s only primary aluminium producer at the Port of Richards Bay.

TNPA says South32 Hillside Aluminium plays a crucial role in enabling local downstream manufacturing of aluminium products for both domestic and industrial markets.

"We are excited about this new chapter in our relationship with TNPA. This lease agreement allows us to continue our operations seamlessly and contribute to the economic vitality of the region," comments South32 South Africa operations VP Calvin Mkhabela.

"The Port of Richards Bay is dedicated to fostering economic activity that creates and retains jobs in our communities. This partnership not only secures the future of Hillside Aluminium, but also reinforces the ports authority’s commitment to optimising port infrastructure and capacity," adds Port of Richards Bay port manager Dennis Mgadi.

The Hillside smelter uses alumina predominantly imported from South32's Worsley Alumina, in Australia, to produce high-quality, primary aluminium for the South African and export markets.

It produced 720 000 t of aluminium in the 2024 financial year.
 

Edited by Creamer Media Reporter

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