Greetings from the Independent Mineral Distributors (IMD) team! We pride ourselves on sharing in-depth industry knowledge with our clients in the foundry, refractory, coatings and paint industries.
Here’s a quick update of what’s happening in the world of mining minerals and the industries we serve:
The 2024 Mining Indaba mapped out a new future for the mining of critical minerals in Africa. The continent has abundant reserves but limited processing and refining capacity. It is more important than ever for African countries to create a welcoming operational and regulatory environment for investors.
Read more in this March 2024 Blog written by the Atlantic Council and this February 2024 Report by the Institute for Security Studies.
South Africa is the home of Independent Mineral Distributors (IMD) but our impact is global. We source and distribute chrome sand, iron oxides, micro talc, andalusite, pyrophyllite, and more.
More Sustainable Refractory Materials
Refractory material manufacturers are prioritising sustainability. There is a drive to develop refractory materials with longer lifespans. Alongside reducing the industry’s environmental impact, long-lifespan refractory materials are also more cost effective.
Read more in this March 2024 Market Research Report on innovations in the refractory industry.
Our chrome sand, andalusite, and more, are trusted by refractories worldwide.
Global Growth for Paints & Coatings
The paints and coatings market size are forecast to thrive over the next 5-year period. A compound annual growth rate (CAGR) of 4.02% is anticipated between 2023 and 2028. The majority of this growth (53%) is estimated to be drawn from Asia-Pacific countries, but the Middle East and Africa are also expected to contribute meaningfully to this global market.
There is a growing interest in specialty coatings like waterproof coatings, anti-corrosion coatings, and high-performance coatings in the marine, aerospace and construction industries.
Read more in this March 2024 Market Analysis.
IMD is proud to partner with the paint and coatings industries as a distributor of micro talc, green chromic oxide, iron oxides, and more.
Stay Connected
For industry insights and news from the world of industrial minerals, stay connected with IMD. Follow us on LinkedIn and visit our website for more information.
Best regards,
Independent Mineral Distributors (IMD)