Tennant Metals
Mining and Trading in Johannesburg, South Africa
Tennant Metals South Africa Pty Ltd: For over half a century, it has carved a niche in the international metal industry, focusing on the sourcing and supply of non-ferrous base metals, including refined metals, ores, and concentrates. As a significant player in global commodities trading, the company boasts a varied portfolio that extends across the globe.
Founded in 1966, Tennant has harnessed its critical relationships with a vast network of metal miners, producers, smelters, and refineries to evolve into a leading source and supply chain entity in the metals industry. Dedicated to responsible sourcing, the company prides itself on its efficient supply chain management system, which is designed to optimize returns on investment for its stakeholders.
With significant operations in South Africa and Australia, it stands as a central player in these regions, enhancing its capacity to serve a global clientele effectively.
Initially established in Australia, it began by dealing in scrap base metals, refined metals, and metal ores and concentrates. Its inaugural major project involved collaboration with Renison Goldfield Consolidated, marking the beginning of a legacy of growth and success. Over the decades, it transitioned to managing the trade of non-ferrous metal products, leveraging its extensive logistics and commodities expertise.
The company is recognized for its strategic business practices, which include offering risk-managed trading options and constantly adapting to the ever-changing global economic climate. Its commitment to sourcing new suppliers and exploring niche markets remains steadfast.
Tennant Metals aims to leverage its rich historical resources and intellectual property to continuously create value and provide wealth-building opportunities for its multinational stakeholders. The company collaborates closely with junior and mid-tier entities in the industry to access a broader spectrum of mining projects, thereby enhancing its mining operations. Recent strategic initiatives have focused on driving organic growth, expanding field output, and intensifying international sales efforts. To mitigate the risks associated with fluctuations in currency and metal prices, it engages in trading derivatives such as options, futures, and swaps, ensuring a balanced approach to market exposure.