The Business Overview
- The world of aluminium
- Hulamin and global aluminium markets
- The role of aluminium and Hulamin in South Africa
- External environment, opportunities and threats
- Strategic objectives
- Isizinda Aluminium unlocking opportunities
- Key resources Hulamin relies on
- The business model
- How we add value to aluminium
- Products and applications of aluminium
Reliance and Impact on Key Capitals
Governance and Leadership
Statutory approvals and reports
Group financial statements
Company financial statements
Hulamin is a leading, mid-stream aluminium semi-fabricator and fabricator of aluminium products located in Pietermaritzburg, KwaZulu-Natal and Midrand, Gauteng, supported by sales offices in South Africa, Europe and the USA. As the only major aluminium rolling operation in sub-Saharan Africa, Hulamin is one of the largest mineral beneficiating exporters in South Africa, with over 60% of its sales exported to leading manufacturers around the world, focusing on specific product and end-use markets.
Hulamin is committed to the growth of the regional Southern African aluminium industry and making a meaningful contribution to sustainable development in Southern Africa. Hulamin employs over 1 900 people and contributes materially to the sustainability of the local Pietermaritzburg community.
The origin of Hulamin dates back to 1935 when the Aluminium Company of Canada Limited (Alcan) opened a sales office in South Africa, which was followed in 1940 by the registration of the Aluminium Company of South Africa (ALCOSA). During and after World War II, demand for semi-fabricated aluminium developed to the point where an aluminium rolling mill was opened in 1949 at the current Pietermaritzburg site.
The company has grown and expanded its operations to cover a full range of rolled and extruded aluminium products.
Hulamin operates modern aluminium rolling equipment as a result of its two recent major expansion projects. The first was completed in 2000 at a cost of R2,4 billion and increased annual capacity to 200 000 tons. The second expansion project, at a cost of R950 million and completed in 2010, increased nameplate capacity further and the capability for the production of higher-value products, thin gauge foil and heat-treated plate.
In 2007, Hulamin unbundled from Tongaat Hulett Limited and listed on the main board of the JSE in the Aluminium sub-sector of the Industrial Metals and Mining sector.
HULAMIN GROUP STRUCTURE
SHAREHOLDERS at 31 December 2014