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Hulamin
Integrated Annual Report 2017
 

Creating Value for Society

Our Vision

A high performing Hulamin characterised by attractive margins, best-in class and cost competitive manufacturing driving the development of a vibrant and transformed aluminium sector in South Africa.

Through our vision, Hulamin delivers value to its stakeholders and is aligned with South Africa’s economic vision with a focus on job creation and human capital development, balancing national accounts (export fabricated aluminium products rather than primary aluminium) and economic transformation.

CUSTOMERS
Capital enhanced  
OUR MISSION
Customers choose us before others

Satisfied customers are our source of income which allows us to invest in and create value for all our other stakeholders.

Value is created through:

  • Obtaining low-cost, sustainable metal supply from smelters and aluminium scrap;
  • Our world-class asset base and knowledge unlocks the properties inherent in primary aluminium for use in a variety of industries and product applications; and
  • Providing a unique mix of technical expertise, high-technology manufacturing capabilities and responsive customer service.
Capital employed        

 

SHAREHOLDERS
AND THE
BROADER
STAKEHOLDER
BASE
Capital enhanced        
Our mission:
We create shareholder value

A strong and profitable business enables continued investment in our employees and asset base which in turn creates value for our customers and broader society.

Value is created through:

  • Generating sustainable financial returns through making appropriate trade-offs between capitals employed;
  • Aluminium’s advantageous physical properties supports the development of endless applications which are aligned with technological innovation;
  • Contributing to the national current account through the exportation of semi-fabricated aluminium; and
  • A partner of government and other industry players to support the National Development Plan vision.
Capital employed            

Creating value for our stakeholders through our strategic objectives requires the balancing of capital transformation with the achievement of our strategic objectives. For more information on our considerations of the impact of our strategy on our capitals, refer here of this report.

EMPLOYEES
Capital enhanced    
Our Mission:
Employees’ lives are enriched

Our employees are key to delivering attractive margins through best-in-class manufacturing techniques and identifying cost-saving opportunities. Employee enrichment is considered holistically taking into account rewards and recognition, career development and Hulamin’s involvement in the development of the local economy.

Value is created through:

  • Rewarding employees for value added;
  • Career development through the offering of bursary schemes; and
  • Transforming to an inclusive society through employment equity and gender equality.
Capital employed    

COMMUNITY
Capital enhanced    
Our Mission:
Make a meaningful contribution in the Pietermaritzburg community

As a major contributor to the economic activity of Pietermaritzburg we have a moral obligation to assist within the area within which we operate.

Value is created through:

  • As more aluminium is sold into the local economy, more aluminium can be recycled and reused stimulating investment in low-carbon recycling projects;
  • A strong local supply industry will facilitate investment in downstream fabrication, thereby continuing to improve the competitiveness of South Africa and the region;
  • A strong local supply industry supports the growth of new downstream businesses;
  • Recycling projects are aligned with South Africa’s vision of environmental sustainability through a reduction in aluminium energy costs through smelting (closed-loop);
  • The development of small and medium-sized entities through a focused enterprise development programme;
  • Procurement of the majority of our goods and services locally; and
  • The development of aluminum products supports downstream industries enabling economic growth.
Capital employed