A chromite beneficiation business
built on owned infrastructure.
MGN Capital Investments (Pty) Ltd operates the Boshoek Chrome Plant near Rustenburg, in the heart of the Western Limb of the Bushveld Complex — the largest chromite resource on earth and the source of roughly three quarters of world chrome ore supply.
The business takes in run-of-mine ore, middlings and tailings from surrounding chrome and PGM operations and upgrades them across two spiral concentrator plants into saleable chromite concentrate. Both plants sit on a single 5 hectare site with established Eskom power, water and road access, held under a long-term lease running to 2035 with a further ten-year renewal option.
What differentiates MGN is control of the chain. The processing plant and equipment on site is the company's own. Maintenance is done in-house by resident artisans rather than bought in by the call-out. Mobile plant and haulage are drawn from within the shareholder group, which operates one of South Africa's larger privately held fleets of mining and construction equipment.
The result is a plant that keeps running — and a counterparty that can commit to a schedule.
- Legal entity
- MGN Capital Investments (Pty) Ltd
- Registration
- 2020/072715/07
- B-BBEE status
- Level 1 contributor
- Operation
- Boshoek Chrome Plant — MGN 1 & MGN 2
- Location
- Boshoek, Rustenburg, North West
- Geology
- Western Limb, Bushveld Igneous Complex
- Services
- Eskom grid power, water, all-weather road
- Products
- Concentrate 38–40 / 40–42 / 44–46%, plus saleable tailings
Toll processing
Send us your ore. We crush, screen and concentrate it to an agreed specification on a tolling basis, with your material kept segregated, separately stockpiled and separately assayed from receipt to load-out.
Concentrate off-take
Term or spot supply of chromite concentrate against a written specification, with independent laboratory assay per lot and load-port-final weight and quality.
Feedstock purchase
We buy ROM, middlings and tailings on a Cr:Fe-adjusted basis, and we can collect. If you are sitting on a dump or a fines stream you cannot place, it is worth a conversation.
Chromite has a ceiling.
We tell you where it is before you sign.
Clean liberated Bushveld chromite carries roughly 44–48% Cr₂O₃ in the grain, and the Cr:Fe ratio of the feed caps what any gravity plant can make of it. No spiral lifts iron out of the lattice. A plant that will not say that plainly is a plant that will blend its way out of a contract later.
Buy the ratio,
not the grade
Cr:Fe decides what the plant can produce. We price purchased feed on a ratio-adjusted basis, and we test the ratio per lot rather than taking it as an offer term.
Sell the reject,
don't store it
Middlings and tailings leave Boshoek as products, not as a dam. That is what lets us run a tight primary cut without giving recoverable chromite away.
Measure before
you claim it
Four sampling points, independent assay per lot, yield reconciled against tails. When the numbers disagree we fix the measurement, not the story.