IDC Mining & Metals Sector Funding : Industrial Development Corporation

Organisation : Industrial Development Corporation (IDC)
Facility Name : Mining & Metals Sector Funding
Country : South Africa
Website : https://www.idc.co.za/mining-metals/

What is IDC Mining & Metals Sector Funding?

Promoting Entrepreneurship Through Building Competitive Industries and Enterprises Based on Sound Business Principles. Key among the Mining and Metals Strategic Business Unit (SBU) objectives is to support the development of a globally competitive mining and beneficiation industry and the metals value chain (steel, aluminium value chains), in South Africa and on the African continent. The ultimate objective is to develop large-scale industrialisation and job creation in the county and the continent.

Related / Similar Facility : IDC Infrastructure Sector Funding

What We Fund Through IDC Mining & Metals Sector?

The IDC Mining and Metals Strategic Business Unit (SBU) funds processing in the following sub-sectors of the value chain. With a primary objective in supporting the development of production capacity for the manufacturing of critical metal products in South Africa and the continent, the growth of new mining and beneficiation projects and/or expansion of existing mining and beneficiation operations occur across most commodities, including:

** Base Metals
** Precious Metals
** Coal
** Industrial Minerals (limestone, aggregates).

In the metals value chain, we fund the establishment of new metal processing and fabrication facilities and/or expansion of existing facilities including:
** Primary Steel Mills
** Mini-Mills,
** Semi-Fabricators
** Foundries
** Metal Fabrication Factories.

We also fund strategic acquisitions of existing enterprises by Black Industrialists in the mining and metals sector.

Who Should Apply For IDC Mining & Metals Sector Funding?

Our objective is to support entrepreneurs who seek to invest in industrial capacity development and job creation within the mining and metals sector.

Hence the following funding applications are welcomed:
** Companies that seek to implement new mining and beneficiation projects and/or expand existing mining and beneficiation operations.
** Companies that seek to establish new production facilities and/or expand existing production facilities in the metals sector.
** Black Industrialists who seek to make strategic acquisitions of existing enterprises in the sector may also apply for acquisition funding.

How To Apply For IDC Mining & Metals Sector Funding?

Application for funding should be in writing and should include a letter of application for funding and a comprehensive business plan. Mining deals have unique requirements and as such, a comprehensive feasibility study covering key aspects such as mineral rights, resources and reserves estimates, environmental impact assessments, will be required. For guidelines on what should be included in the letter of application for funding and business plan,

Apply Here : https://protected.idc.co.za/clientportal/Home/Index?ReturnUrl=%2Fclientportal%2F