Marketing of the manganese ore, mined by Tshipi, is dealt with by Tshipi’s three key shareholders, each having access to a prior agreed percentage of the available ore product, spread over the period of a particular financial year.
The percentage split between the three key shareholders are as follows
Ntsimbintle Mining – 37.074% represented by Ntsimbintle Marketing and Trading, based in Singapore
Marketer : Keith Saffy
Jupiter – 49.9% represented by Jupiter SA, based in South-Africa
Marketer : Johan Kriek
OM Holdings – 13.026% represented by OM Tshipi, based in Singapore
Marketer : Edward Young