|Sept 3rd 2018 - R14bn deal between SA and China will enable economic growth - citizen.co.za|
Key notes: South Africa’s Department of Trade and Industry and China’s National Development and Reform Commission also pledged to cooperate on international investment promotion for the African country’s special economic zones and industrial parks, including a 4 600 MW coal-fired plant, a cement plant, and other metallurgical projects. “The projects will see the investment, planning, constructing and operation of coking, ferromanganese, ferrochromium, silico-manganese, stainless steel, supporting administrative service centre and living areas, highways, and a shipping integrated logistics centre among others,” the Presidency said.
Sept 4th 2018 - Is metallurgical coal the next big goldmine for Asian investors? - sbr.com.sg
Don't forget this article as it's crucial to seeing how badly China wants to secure metallurgical coal in South Africa:
July 27th 2018 - Chinese investors plan $10 billion metallurgical complex in South Africa - reuters.com
CAF is now in it's diversification phase as mentioned in prior news releases over the summer. The metallurgical coal industry is very profitable and those funds can be deployed elsewhere, perhaps in another mining venture.
Steel and ferromanganese are created from the product out of Canaf's facility, which are currently at record production due to global demand
Sept 10 2018 - Manganese takes pole position in ARM’s earnings surge - engineeringnews.co.za
Also a reminder that CAF Q3 results will be out in a few weeks or sooner.