Samancor Chrome

Acquired By Sinosteel
Chrome mining, ferrochrome production, and related industrial services in South Africa.

About Samancor Chrome

Samancor Chrome is a company was acquired by Sinosteel in September 2022.. Samancor Chrome offers products and services including Chrome and Ferrochrome.

  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Legal Name Samancor Chrome Limited
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Sinosteel

    (Sep 19, 2022)

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Products & Services of Samancor Chrome

Samancor Chrome offers a comprehensive portfolio of products and services, including Chrome and Ferrochrome. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Chrome is extracted and processed for industrial uses, as mining operations are conducted by the company.

Ferrochrome is produced for steel manufacturing, as smelting operations are carried out by the company.

People of Samancor Chrome
Headcount 5000-10000
Employee Profiles 70
Employee Profiles
People
Wensheng Liu
CFO
People
Bennie du Plessis
GM, Middelburg Ferrochrome
People
Mark Dwyer
Senior Mine Overseer
People
Desmond Mcmanus
CEO

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Funding Insights of Samancor Chrome

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Samancor Chrome

Samancor Chrome has secured backing from 1 investor. Prominent investors backing the company include Sinosteel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Metallurgical resources are manufactured and processed by Sinosteel.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Samancor Chrome

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Samancor Chrome

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Samancor Chrome Comparisons

Employees
+
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Competitors of Samancor Chrome

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Samancor Chrome

Frequently Asked Questions about Samancor Chrome

What does Samancor Chrome do?

Samancor Chrome is recognized as a company that contributes significantly to the South African economy through its activities in the mining sector. Mining and smelting operations are managed across various locations, with a focus on chrome and ferrochrome production. Business ethics and social responsibility are prioritized, as governance practices are implemented to ensure ethical operations. Employee development and procurement information are provided, while contributions to global markets are noted. Overall, the companys efforts in sustainability and community engagement are evident in its structured business approach.

What products or services does Samancor Chrome offer?

Samancor Chrome offers Chrome and Ferrochrome.

Who are Samancor Chrome's investors?

Samancor Chrome has 1 investor. Key investors include Sinosteel.

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