Bloomberg News

Hulamin Says It Can Meet Raw Material Needs If BHP Stops Supply

July 22, 2011

July 22 (Bloomberg) -- Hulamin Ltd., Africa’s biggest maker of fabricated aluminum products, said it will be able to provide for its own raw material needs even if BHP Billiton Ltd. halts its supply of so-called rolling-slabs in June next year.

Hulamin, which is based in the South African town of Pietermaritzburg, buys about 90,000 metric tons of aluminum slab from BHP to produce aluminum sheet, foil and plate. In 2008 BHP said it would close part of its Bayside aluminum smelter in the town of Richards Bay, cutting its ability to supply Hulamin.

“We buy two formats of aluminum from BHP Billiton; rolling slabs and extrusion billet,” Richard Jacobs, the company’s chief executive officer, said in an interview in Pietermaritzburg yesterday. “Two thirds of our rolling slabs come from our own facility. Billiton will discontinue supply in June 2012, but by then we will be starting up our own additional facility.”

Hulamin will still seek further talks with BHP to try and extend the agreement, he said.

--Editors: Antony Sguazzin, Alastair Reed

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To contact the reporter on this story: Niki Moore via the Johannesburg bureau at vwessels@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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