African Rainbow Minerals Limited Overview
Pro stress-test →African Rainbow Minerals (ARM) is a leading South African diversified mining and minerals company with operations in South Africa and Malaysia. It explores for platinum group metals, nickel, coal, iron ore, copper, manganese ore, and chrome, as well as gold deposits. The company is well-positioned in a cyclical mining market with strong commodity exposure.
Strategic Profile
Pro stress-test →ARM operates through four main segments: ARM Platinum (platinum group metals and nickel), ARM Ferrous (iron ore, manganese ore, and chrome ore), ARM Coal (Goedgevonden Mine), and ARM Corporate (Machadodorp Works and gold investments). Management attributes expected earnings growth mainly to higher US dollar PGM basket prices at the Two Rivers and Modikwa mines.
Competitive Landscape
Pro stress-test →ARM underperformed the ZA Metals and Mining industry (returned 138.5%) and ZA Market (returned 29.5%) over the past year. The company competes in diversified mining alongside regional peers with PGM exposure and ferrous metal production capabilities.
Industry Context
African Rainbow Minerals Limited operates in Diversified Mining & Minerals - Precious and Base Metals.
Key facts
Founded: 1933 · Headquarters: Sandton, South Africa · Employees: Not specified · Revenue: Not specified in recent data · Market cap: ~ZAR3.85T (~$210B USD equivalent)