South African billionaire Patrice Motsepe's ARM seals Boliden off-take deal that could restart Nkomati nickel mine

Billionaires Africa | 30.04.2026 01:50
Patrice Motsepe is positioning to switch one of South Africa's biggest nickel assets back on. African Rainbow Minerals, the mining group the billionaire founded and chairs, told the market on Tuesday it has agreed a conditional off-take deal with Swedish miner Boliden that paves the way for a potential restart of the mothballed Nkomati operation in Mpumalanga.