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South32 completes divestment of Metalloys smelter

3rd June 2025

By: Tasneem Bulbulia

Deputy Editor Online

     

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Globally diversified metals and mining company South32’s subsidiary, Samancor Manganese, has completed the divestment of the Metalloys manganese alloy smelter to Menar Capital-owned entity Khwelamet.

The transaction was completed on June 3.

Samancor is 60% owned by South32, and 40% by global miner Anglo American.

Khwelamet is indirectly owned through a joint venture between Menar and Ntiso.

Menar is a resources investment business with interests in coal, anthracite and manganese in South Africa. Ntiso is an investment company with interests in infrastructure, mining services, financial services and energy. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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