Afrimat

Afrimat is a leading black empowered Group with its main business and core competence in open pit mining. It is listed on the ‘Construction and Materials’ sector of the JSE Main Board since 2006.

Afrimat supplies high-quality building sand from mines in the Western Cape and Gauteng.

Afrimat offers fly ash for sustainable construction.

The Afrimat Glenover project in Limpopo produces rare earth elements and phosphate for fertilizers at low cost.

Afrimat provides road-building materials for the Overberg Wind Farm and MTS Agulhas Substation projects in the Western Cape.

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XRF is an analytical technique that identifies the elemental composition of materials, including the quantity of each element, using pressed pellet or fused bead methods.

Working at heights poses high risks in mining and quarrying, including falls and injuries from elevated structures, conveyors, and plant equipment.

B.Eng (Mech), MBA (University of Stellenbosch), Government Certificate of Competence, Advanced Management Programme (Insead Business School)

The Afrimat Foundation Trust is a non-profit organization supporting sustainable development in communities where Afrimat operates.

Construction Materials Aggregates Readymix concrete Building lime Roadlime Clinker Supplies Sand Dolomite Cement Fly Ash IndustrialMinerals Agricultural Lime

Afrimat is a leading mid-tier mining and materials company. The Group listed on the JSE Main Board in 2006 and is currently listed in the Basic Materials: General Mining sector.

Afrimat reports a **4.3% revenue decline to R5.1 billion** and a **32.8% drop in operating profit to R255.2 million** for the first half of 2026. The company records a **headline loss per share of 58 cents** and suspends its interim dividend. Despite market pressures, Afrimat expands its aggregates business while aggressively reducing debt.

Oct 2026Quarrying AfricaNews article

Afrimat strengthens its financial position by improving cash flow and reducing debt while expanding its Aggregates business. The mid-tier mining company continues to supply construction materials, iron ore, and anthracite amid challenging market conditions. This growth strategy focuses on core operations despite industry-wide pressures.

Oct 2026AfrimatNews article

Afrimat reports its Construction Index rose by 5% in Q2 2026, marking a recovery after prior declines. The index tracks construction activity across key sectors in South Africa. Afrimat attributes the rebound to improved demand in residential and infrastructure projects. The company operates in building materials and construction services.

Sep 2026AfrimatNews article

Afrimat’s Construction Index reports slight growth in construction activity during Q1 2026. The first-quarter results reflect a modest upward trend in the sector, according to the latest data. No specific percentage or contributing factors are detailed in the release.

Jun 2026AfrimatNews article