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NUM’s Bonginkosi Mrasi says they are concerned about reports that Samancor may be involved in activities that are against competition laws in South Africa.
SA mining company accused of crushing black-owned firms with anti-competition behaviour Share Johannesburg- The biggest chrome miner in the world, South African-based Samancor Chrome, has crushed black-owned chrome companies in activities that are against competition laws in South Africa. After some ownership changes, Samancor now belongs to a Chinese Consortium which includes Sino Steel, Min Metals and China National Investment Corporation, all three being multibillion-dollar enterprises. With its head office in Sandton, the powerhouse changed hands in South Africa with no regulatory appro...