how palabora became the gold standard in vermiculite

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palabora history

Palabora Europe Limited (formerly known as Mandoval Limited) has a rich history dating back to 1944, when it was founded as the European distributor of crude vermiculite from the Transvaal Ore Company in South Africa. Since then, the company has grown to become a major player in the global vermiculite market, accounting for a significant portion of the world’s consumption.

In 1968, Rio Tinto Zinc acquired all shares in the company, and ownership was later transferred to Palabora Mining Company, resulting in the integration of mining and marketing activities. Over time, the business expanded into downstream production, including sealants, fire-resistant coatings, and acoustic plasters, with the establishment of Mandoval Coatings Limited. However, in 1998, the coatings business was sold to focus solely on the mining and supply of raw vermiculite.

To strengthen the link with Palabora Mining Company and focus on marketing activities, the company changed its name to Palabora Europe Limited in 2000, accompanied by a new logo. Today, Palabora Europe Ltd. continues to fine-tune commercial sales and relationships for the US and European markets, enhancing global presence and improving product placement with important customers.

Looking ahead, the future looks bright for Palabora Europe Limited with plans to offer complimentary products to vermiculite, providing customers with a convenient, one-stop approach for their raw material needs.

Our team is a diverse group of passionate professionals who bring their unique skills and expertise to deliver exceptional results.

1944: Mandoval Ltd solely engaged in European distribution of vermiculite
1963: The Palabora Mining Company (PMC) formed in order to commercialise the Phalaborwa Igneous Complex.
1968: Mandoval Ltd became a 100% owned subsidiary of Rio Tinto
1968: Ownership of Mandoval Ltd was transferred to PMC
1997: Mandoval sold their products division to Cafco
1999: Moved offices to Guildford sharing with Borax Rio Rio Tinto
2000: Name changed to Palabora Europe Ltd to reflect core product and mine association & Rio Tinto largest shareholder 46% and exercises management control
2009: Moved main european strategic stock point in Rotterdam to Antwerp
2014: Rio Tinto sold PMC and subsidiary to a Chinese consortium. Main shareholder HBIS
2015: Base moved to Farnham, Surrey in the United Kingdom
2022: Set up strategic Durban Warehouse for sale containers

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