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Assore Limited Company Snapshot
Assore Limited is a mining holding company, which is principally engaged in ventures involving base minerals and metals. The Company's segments include Joint venture mining and beneficiation; Marketing and shipping, and Other mining and beneficiation. Its principal investment is an approximately 50% interest in Assmang Proprietary Limited (Assmang), which mines iron and manganese ores, and produces manganese and chrome alloys. The Joint venture mining and beneficiation segment operations include Iron ore; manganese ore and alloys, and Chrome ore. The Company and its subsidiaries are engaged in marketing and shipping of Assmang's product. In addition, another subsidiary provides consulting and engineering services. Its Other mining and beneficiation segment contains the chrome operations managed by Rustenburg Minerals Development Company Proprietary Limited and Zeerust Chrome Mines Limited, as well as the pyrophyllite and ceramic operations of Wonderstone Limited.

Sales Analysis. Sales increased substantially in 2017: During the year ended June of 2017, sales at Assore Limited were 5.95 billion South African Rands (US$421.46 million). This is an increase of 193.2% versus 2016, when the company's sales were 2.03 billion South African Rands. Sales of Manganese Division saw an increase of 53.6% in 2017, from 6.67 billion South African Rands to 10.24 billion South African Rands. Not all segments of Assore Limited experienced an increase in sales in 2017: sales of Chrome Division fell 89.0% to 207.76 million South African Rands.
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Assore Limited
  Stock Performance Chart for Assore Limited
  Stock Data: Recent Stock Performance:
  Current Price (8/10/2018): 300.00
(Figures in South African Rands)
1 Week 2.5%   13 Weeks 7.2%  
4 Weeks -5.8%   52 Weeks 31.6%  
Assore Limited Key Data:
  Ticker: ASR Country: South Africa
  Exchanges: JNB Major Industry: Materials
    Sub Industry: Iron Ores
  2017 Sales 5,945,266,000
(Year Ending Jan 2018).
Employees: 11,918
  Currency: South African Rands Market Cap: 30,948,000,000
  Fiscal Yr Ends: June Shares Outstanding: 103,160,000
  Share Type: Ordinary Closely Held Shares: 73,190,000
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