Liciatron

Is an open-pit mining entity that specialises in granite dimension stone quarrying. The entity has access to one of the largest, pure black colour grain structure dolerite deposits in South Africa and they market their products both locally (for commercial grade) and internationally (for first grade).

The business’ mining operations are based in Komga, East London and the NEF has invested R14.3 million towards site establishment, clearing of the mining area, acquisition of capital equipment and to cover operating costs. The transaction has a Women Consortium – Women Trust of 20%.

The project is aimed at creating 83 jobs.