In a statement, the department said the capital commitment by Rio Tinto’s subsidiary Richards Bay Minerals (RBM) reflects growing cooperation between industry, government and host communities.

RBM, which is 74 per cent owned by Rio Tinto, mines mineral-rich coastal sands in KwaZulu-Natal. The operation produces zircon, rutile and ilmenite, key feedstocks used to make titanium dioxide, a material widely used in products such as paints, sunscreen, medical equipment and smartphones.

The department said projects like Zulti South highlight how private-sector investment can support economic growth while strengthening South Africa’s position in global mineral supply chains.

Authorities also expect the development to create jobs, support skills training and contribute to socio-economic progress in communities affected by mining activities.

“The department reiterates the importance of sustained collaboration between mining companies, government, traditional leadership structures, organised labour and communities,” it said.

“Stability, social compacting and responsible mining practices remain fundamental to unlocking long-term value from South Africa’s mineral endowment while ensuring that the benefits of mineral development are broadly shared.”

Rio Tinto had earlier said the Zulti South development would help sustain operations at Richards Bay Minerals as reserves at the existing Zulti North mine decline.

Source: Africabusinessinsider