RELIANCE ON KEY CAPITALS
GOVERNANCE AND LEADERSHIP
Hulamin group overview
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. Hulamin is the only major aluminium rolling operation in sub-Saharan Africa and one of the largest mineral beneficiating exporters in South Africa. 60% of Hulamin’s sales are exported to leading manufacturers around the world, focusing on specific product and end-use markets.
Hulamin is committed to the growth of the Southern African aluminium industry and to making a meaningful contribution to sustainable development in Southern Africa. Employing over 1 900 people, Hulamin 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, completed in 2010 at a cost of R950 million further increased total capacity and that 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.