Evraz Highveld Steel and Vanadium

EVRAZ Highveld is a South African based vertically integrated iron ore, steel and vanadium slag producer, listed on the JSE, trading under the symbol EHS. The majority of EVRAZ Highveld's issued shares are held by Mastercroft Limited, a subsidiary of the FTSE100-listed EVRAZ plc, one of the world’s largest vertically integrated steel and mining businesses with operations in Russia, Ukraine, USA, Canada, Italy, Czech Republic and South Africa. EVRAZ Highveld's operations, based in Roossenekal in Limpopo and eMalahleni in Mpumalanga, employ some 2 303 people, and contribute materially to the local communities in which they are based. EVRAZ Highveld is a major contributor to global vanadium feedstock production and is, in addition to being the second largest steel producer in South Africa with a capacity of 900 000 tons of cast steel per annum, also the primary producer of medium and heavy structural sections and ultra-thick plate in the country. Marketing of vanadium production into the European market is supported through Hochvanadium Holding AG, a wholly-owned Austrian-based subsidiary. MAPOCHS Mine Proprietary Limited is a subsidiary operation of EVRAZ Highveld. The titaniferous magnetite ore open-cast mining operation is located 140 kilometres north-east of eMalahleni and produces both lump and fines iron ore. Ore fines are marketed to third parties whilst the lump ore is transported to the Steelworks. The STEELWORKS, the eMalahleni-based operating division of the Company, comprises an iron production facility and a steel making facility with casters, a vanadium slag crushing plant, structural products rolling complex and a flat products rolling complex. In addition, 21 support divisions provide various support services to the operations.