South African billionaire Patrice Motsepe's mining company sued by its partner
Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM rejects the claims.
Skip to content
Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM rejects the claims.
African Rainbow Minerals said it received a R1.5 billion dividend from Assmang, reflecting improved earnings and steadier commodity conditions through 2025.
African Rainbow Minerals is still negotiating how much cash it can unlock from Assmang, its manganese and iron-ore JV, after profits slumped.