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Metorex Limited · Johannesburg South Africa (Johannesburg: MTX)

2nd Fl., Cradock Heights,
21 Cradock Ave., Rosebank
Phone: +27-11-880-3155
JohannesburgFax: +27-11-880-3322
2814
South AfricaMap Map This Company
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Metorex Limited Rankings

Company Description

If it's a commodity, Metorex mines it. The company controls the operations of several mining companies, which are prospecting for various metals in locations mostly in South Africa and Zambia. The company's holdings include Chibuluma Mines (copper, 90%-owned), Vergenoeg Mining (fluorspar, 70%-owned), and Pan African Resources (gold, 55%-owned), among others. Most of the company's sales come from copper and gold, but antimony, fluorspar, and cobalt also account for a large part of sales. Brazilian mining giant Vale SA made a $1.1 billion offer to buy Metorex in 2011. China's Jinchuan Group later upped the ante to $1.3 billion and Vale subsequently dropped out, refusing to enter a bidding war.

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Financials

Company TypePublic - Johannesburg: MTX Headquarters

Executives

11 executives listed for Metorex Limited's Johannesburg, South Africa location.

ChairmanRobert StillE-mail
CEO and DirectorTerence GoodlaceE-mail
Operations DirectorKeith SpencerE-mail

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