Infrasors upgrades its operations as sales rise

Infrasors upgrades its operations as sales rise THABANG MOKOPANELE Property Editor THE lingering effects of the global and domestic economic recession continued to drag down the performance of base minerals mining company Infrasors Holdings, which saw revenue drop 3% to R211m for the year to February.

CEO Trevor Robinson said yesterday the year had been a challenging one for the company with the demand for base and industrial minerals in the manufacturing sector reducing as a consequence of the recession with a slow return evident in the last quarter of the year.

But, he said, the company had been steadily investing in new plants and infrastructure at all of its existing operations with R34m spent last year and it was now in a strong position from a capacity perspective to supply the demand for its products once the volume off take starts to increase.

The anticipated end of the recession in SA and the lessening of global financial instability has resulted in the demand for Infrasors' products beginning to increase particularly in the manufacturing base metals sector. Robinson said the company expected further demand-driven growth next year following improved sales experienced this year. He said R21m was spent at the Lyttelton Dolomite Centurion mine on the refurbishment of the primary crusher, the installation of a new aggregate sizing plant and overburden removal. At the Marble Hall mine the primary crusher was refurbished. The Delf Silica operation spent about R11m on the refurbishment of its older, smaller drier facilities and start-up operations at Tongaat in KwaZulu- Natal. A further R2m was spent on the development of its Pienaarspoort Silica Quartz and Cullinan mining initiatives. Delf Silica undertakes mining and beneficiation of high grade silica sand for the foundry industry, tile adhesive market, glass, building, construction and leisure resort sectors. The operation experienced a 36% decline in off-take from the foundry sector and a 53% contraction from the golf and leisure markets.

Infrasors' Infrabric operation, which manufactured bricks for the residential building and constructor sector, was closed down in November as a result of weak demand for its products brought about by the recession.