Kumba Iron Ore is an iron-ore mining company in South Africa. It is the fifth largest iron-ore producer in the world and the largest in Africa.[5][6]
History
Kumba Iron Ore is a successor of Kumba Resources, which was listed on the Johannesburg Securities Exchange in 2001. Kumba Resources was reorganized in November 2006 when heavy minerals operations were spun off to the newly created company Kumba Iron Ore and coal to Exxaro Resources.[7]
Kumba Iron Ore Ltd. listed on the JSE in November 2006 with a market capitalization of R36 billion.[8]