Kumba is a major supplier of seaborne iron ore, exporting 73% of its 32.4Mtpa production to 30 global customers, mainly in Asia and Europe. Given that the seaborne market accounts for some 90% of group revenues, Kumba’s established presence in this key market and world-class product portfolio will underpin sustainable growth.
The focus of Kumba’s business development will be to maximise its substantial brown and greenfields project pipeline, capitalising on current and expected strength in seaborne iron ore markets.