MANTENGU’S VISION

Mantengu’s vision is to transform into a Next Generation Mining, Mining Services and Energy conglomerate that intends disrupting the mining sector by:

1. Investing in people by promoting a radical transformation mandate specifically designed to tackle broad-based wealth creation, job creation, skills transfer, rural infrastructure and biodiversity integrity whilst achieving optimal returns, on a quantitative and qualitative basis, for all stakeholders;

2. Deploying a world first funding model that will unlock capital, commodity and energy markets to smaller black owned mining, mining services and energy companies;

3. Provide an aggregation platform underpinning broad based empowered access to the capital market;

4. Investing in a portfolio of rare and strategic minerals;

5. Investing in mining related services aimed at supporting the mining portfolio; and

6. Ensuring investments are geared towards clean energy and sustainable mining practices.

Mantengu’s acquisition of Langpan is its first step towards Mantengu’s transformation into a company that promotes rural investment into sustainable mining projects on an inclusive and equitable basis. The transaction will enable Mantengu to transform from a cash shell and position itself to achieve its rural investment mandate.

GROWTH STRATEGY

Mantengu’s long term growth strategy is underpinned by the need to be a main board JSE listed diversified Mining, Mining Services and Energy. Mantengu will chart a path for sustainable empowerment and mining practices in Southern Africa. As part of the growth strategy, Mantengu will position itself as an aggregation platform to the small to medium sized mining companies which will, in turn, allow these companies to compete with the mining majors and gain access to global capital markets

Mantengu intends achieving this long term growth strategy by successfully executing on the below steps: 

• World class upgrade of the Langpan Chrome and PGM processing plant;

• Double the Langpan life of mine by acquiring adjacent mineral rights;

• Utilise the latest technology to target lowest cost curve beneficiation;

• Successful execution of the unique funding model as proof of concept;

• Partner with Governmental Development Agencies and Developmental Funding Institutions to acquire strategic and/or distressed Mining, Mining Services and Energy companies;

• Provide the enabling aggregation platform to consolidate small to medium sized mining companies; and

• Invest in community owned resources and provide communities access to the listed platform and, in turn, capital markets.