Isizinda Aluminium was established in 2014 by its two shareholders Bingelela Capital (Pty) Ltd (with 60% shareholding) and Hulamin (with 40% shareholding). The name Isizinda means "the hub" in Isizulu. As the name reflects, Isizinda Aluminium has a vision to create and facilitate the growth of sustainable downstream aluminium hub in Richards Bay, in the province of KwaZulu-Natal in South Africa. Isizinda Aluminium, through its partners, brings extensive aluminium industry knowledge and sound business practices which will enable it to enhance stakeholder value throughout its business.
Zululand-based Broad Based Black Economic Empowerment Bingelela Capital comprises four different groups [Bingelela Investments (Pty) Ltd, Alusha Natural Resources (Pty) Ltd, Inhlansi Business Enterprises (Pty) Ltd and Emnotweni Investments )Pty) Ltd] and is 100% Black owned with a 52% female shareholding. Bingelela Capital has extensive aluminium industry, financial, corporate and social expertise which will be applied in realizing the vision of growing a sustainable downstream aluminium industry in KZN.
A leading manufacturer of rolled and extruded aluminium products in South Africa which are exported to a number of countries around the world providing general engineering and niche high-value components to the automotive, consumer electronics, industrial and packaging sectors inter alia.
For more information visit: www.hulamin.com
Isizinda Aluminium has identified and engaged various relevant stakeholders to ensure that its vision is realized. These include among others BHP- Billiton, the sole local producer of primary aluminium in South Africa, the three levels of government, the Richards Bay Industrial Development Zone company and other interested aluminium value-added products investors.
We envisage a phased approach to a fully fledged aluminium hub, starting with aluminium slab production for Hulamin to continue to make its rolled products, followed by other associated industries from 2016 onwards.
Isizinda Aluminium aspires to be a preferred partner in the beneficiation of aluminium through the creation of sustainable value-added aluminium products using well established and innovative process technologies.
Through our network we will facilitate centralized access to liquid aluminium and the necessary infrastructure which will allow our partners to produce competitive products for both the local and export markets whilst reducing the carbon footprint and mitigating the current challenges to climate change.