Palabora Mining is located at 360km north east of Pretoria, close to Kruger National Park, Palabora Mining in South Africa's leading copper producer and also a major source of vermiculite and baddeleyite (zirconium oxide). Palabora Mining Company was founded in South Africa in August 1956. The mining company is owned and managed by Rio Tinto. 57.7% owned by Rio Tinto and Anglo American has a stake of 16.8%. On September 5, 2012, both mining companies have announced their intention to sell their respective interests in Palabora mining. And on December 11, 2012, Rio Tinto announced that it reached an agreement with a consortium of sales that are committed to sustainable management continuously in mining bound Palabora. The consortium is made up of the South African state and the Chinese state entities led by the Industrial Development Corporation (IDC) of South Africa Limited and China's Hebei Iron & Steel Group. The sale agreement was concluded in July 2013, and the company name changed from Palabora to Palabora Copper Mining Company (Pty) Limited.
Palabora mine containing magnetite, vermiculite, apatite, zirconium, titanium and uranium and copper. Mineral deposits in a complex consisting of alkali pyroxenite especially frozen by events pegmatites, foskorite and carbonatite. Three separate mineralized zones have been identified in surface outcrop 20km² complex of phosphate-rich northern and central (Loolekop) zones form the basis for the production of copper in this Palabora mining. Copper mineral ore that is channeled into the carbonatite pipe where the value is usually concentric with the highest value (1.0% copper) at its core. High grade copper mineralization extends in the middle of the end of the projection on the floor of the open pit mine.





