- CEO
- Anthony W. Lennox
- Full Time Employees
- 13
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 55 Collins Street Melbourne VIC Australia 3000
- IPO Date
- Oct 1, 2003
- Business
- Orion Minerals Limited is a mineral exploration and development company primarily engaged in the production and development of base and critical metals. The company’s core products and services include the exploration and mining of copper, zinc, nickel, cobalt, gold, silver, platinum group elements (PGE), tungsten, rare earth elements (REE), and lithium. Orion operates significant projects in South Africa’s Northern Cape, including its flagship Prieska Copper Zinc Mine, the near-term Okiep Copper Project, and the Jacomynspan Nickel-Copper-PGE Project. It is developing mining operations that encompass underground and open-pit mining with a focus on the production of copper and zinc concentrates and advancing refining technology to produce high-purity ultrafine metal powders for electronics and chemical industries.
Founded in 2003 and headquartered in Perth, Australia, Orion Minerals extends its operations mainly within South Africa’s Northern Cape Province but also undertakes exploration activities in Australia. The company holds mineral rights covering a broad resource base with known deposits of several critical and base metals. It targets industrial and technology sectors requiring base and critical metals vital for the global transition to a low-carbon economy. The Prieska Copper Zinc Mine project is a large-scale volcanogenic massive sulfide (VMS) resource, and the company also focuses on nickel sulphide mining and innovative refining capacities.
Significant recent developments for Orion Minerals include a strategic partnership and financing agreement with a Glencore unit, finalized in 2025, securing up to A$250 million in funding matched with a long-term offtake agreement for 100% of the zinc and copper concentrates produced at the Prieska Copper Zinc Mine over five to ten years. This landmark deal supports Orion's transition from explorer to producer, providing crucial financial backing and a direct market outlet for its minerals. The company is also progressing a two-phase development plan based on a 2025 definitive feasibility study of the Prieska project, aimed at rapid production commencement through shallow underground mining, followed by a long-term development of deeper resources. Furthermore, Orion is actively involved in developing refining technologies targeting high-value specialty metal powders and enhancing sustainability through renewable energy integration.
Orion Minerals operates as a publicly listed company on the Australian Securities Exchange (ASX: ORN) and Johannesburg Stock Exchange (JSE: ORN). Its operations and assets are aligned with multiple strategic objectives including expanding exploration upside in the Northern Cape, developing strong ESG credentials, and establishing integrated production and marketing capabilities to serve global markets demanding copper, zinc, nickel, cobalt, and other critical metals.
Overall, Orion Minerals Limited is positioned as an emerging base and critical metals producer focusing on high-quality assets primarily in South Africa, leveraging strategic partnerships and technological innovations to advance its projects and market presence in the sustainable minerals sector.