Caption: PVA is inviting offers on company shares and a complete 50,000t/y SupaScrap briquetting plant in Phalaborwa. Photo by Richard Harris
Park Village Auctions invites offers on a complete Limpopo-based iron ore beneficiation plant and company shares to Masorini Iron Beneficiation (Pty) Ltd, in final liquidation.
That’s the news from PVA’s Clive Lazarus who says that the sale presents an exceptional chance for investors to acquire a turnkey operation in the iron ore beneficiation industry.
Available assets comprise:
- Shares of Masorini Iron Beneficiation (Pty) Ltd;
- A 50,000t/y SupaScrap briquetting plant featuring a char line, an ore line, gas handling, a reduction line, cooling screws and final product facilities;
- Vehicles, weighbridges, transformers, and compressors; and
- Office and laboratory facilities.
“Given South Africa’s enduring mining sector and the global demand for iron ore, this sale offers a strategic entry or expansion point for various players in the industry. The plant’s location in Phalaborwa provides excellent access to resources and established logistics networks,” adds Lazarus.
Written offers must be submitted to Park Village Auctions no later than 14:00 on Friday, 27 September. A complete component list is available on request. Official documentation and further details are available at www.parkvillageauctions.co.za under web reference number 1659.
