Kumba Iron Ore (OTCMKTS: KUMBF) is a leading South African iron ore producer, primarily engaged in the mining, beneficiation and marketing of seaborne iron ore. The company is listed on the JSE Limited and trades in the United States on the OTC Markets under the symbol KUMBF. As a subsidiary of Anglo American plc, Kumba Iron Ore focuses on extracting premium grades of hematite ore, which serve as key feedstock for global steelmakers.
The company’s core operations are concentrated in the Northern Cape Province of South Africa, where it operates two flagship open-pit mines: Sishen and Kolomela. At these sites, Kumba employs large-scale mining techniques, in-pit crushing and conveying systems, and material handling infrastructure to deliver lump and fine iron ore products. Ongoing investment in beneficiation and logistics has helped the company maintain consistent product quality and optimize yield.
Kumba Iron Ore exports the bulk of its product via South Africa’s Saldanha Bay port, leveraging rail links from the mines to the export terminal to serve steelmakers in Asia, Europe and the Middle East. The company’s logistics network and long-term customer contracts underpin its ability to access major international markets and adapt to changing demand patterns in global steel production.
Founded in 2001 through a demerger from Anglo American’s iron ore operations, Kumba Iron Ore has grown into one of the lowest-cost producers in its segment. The company is led by Chief Executive Officer Mpumi Zikalala, whose executive team oversees sustainability, safety and community engagement initiatives across the group’s operations. Kumba remains focused on operational excellence, environmental stewardship and value creation for its stakeholders.
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