Another All-time Record For Kumba's Iron Ore Busin
Kumba Resources Limited
Press Release
Telephone: + 27 (12) 307 4561 P.O. Box 9229
Telefax : + 27 (12) 307 4080 PRETORIA 0001
ANOTHER ALL-TIME RECORD FOR KUMBA'S IRON ORE BUSINESS
Sishen Mine has set a new all-time weekly production record of 682 347 tons
of saleable products (a +2,6% improvement on the previous record) during the
week ending 2002-02-03.
In addition to Sishen's record, Spoornet's business unit operating the
Sishen-Saldanha rail line, Orex, also set a new all-time throughput record
of 554 692 tons for the same week, of which 499 612 tons was from Sishen
Mine. This is already the second time this year that the throughput record
on the rail line has been bettered.
Records are also being set at the export terminal at Saldanha : during
Novemeber 2001 an all-time month record of 1 310 776 tons was shipped to
China.
The achievement is all the more remarkable in that personnel of different
companies, including Spoornet, Portnet and Kumba Resources, are working
together as a team to achieve these results. The records enable Kumba to
keep pace with its growth in customer demand and contribute to its business
results. The achievements attest to the stringent continuous improvement
practices in place throughout Kumba's business.
Although the global steel markets are still depressed, demand for iron ore
is stable. Kumba Resources expects that market demand will match its
production capability during 2002.
ends
Contacts:
Matie von Wielligh Pat Mdoda
General Manager Iron Ore General Manager Corporate Affairs
Tel: +27 (12) 307 4913 Tel: +27 (12) 307 4553
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