Afrimat Ltd 2018 IR
The report highlights Afrimat Limited's performance and sustainability initiatives for the fiscal year ended February 28, 2018. During the year, the company successfully expanded into the bulk commodities sector through the acquisition of the Demaneng iron ore mine, which reached its design production capacity of one million tons per annum. Afrimat achieved a significant reduction in its lost-time injury frequency rate (LTIFR) to 0.47, down from 1.04 in the previous year, and celebrated over six consecutive calendar years without a fatality. Additionally, the company increased its procurement spend with black-owned suppliers and committed R32.3 million to skills development, training, and bursaries.
Company: Afrimat Ltd
Sector: Mining & quarrying
Country: South Africa
Year: 2018
Type: IR
Pages: 154
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Afrimat Ltd
Integrated Annual Report
The report highlights Afrimat Limited's performance and sustainability initiatives for the fiscal year ended February 28, 2018. During the year, the company successfully expanded into the bulk commodities sector through the acquisition of the Demaneng iron ore mine, which reached its design production capacity of one million tons per annum. Afrimat achieved a significant reduction in its lost-time injury frequency rate (LTIFR) to 0.47, down from 1.04 in the previous year, and celebrated over six consecutive calendar years without a fatality. Additionally, the company increased its procurement spend with black-owned suppliers and committed R32.3 million to skills development, training, and bursaries.
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Document Details
Report Year
2018
Reporting Period
Mar 1, 2017 - Feb 28, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees