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RMS improves BBBEE rating to Level 4 & becomes SA’s only compliant local refractory brick manufacturer.
BBBEE Rating Update Refractory & Metallurgical Solutions has improved its BBBEE rating to level 4, in the latest 2022 audit. This has been a 4 year journey for the company to improve its rating from being non-compliant. In addition, the company improved its ownership structure in 2019 to have more than 36 percent black ownership, […]
RMS is pleased to announce that it has received accreditation as per clause 2.2.3, Verification of local content, under the Mining Charter: broad-based socio-economic empowerment charter for the mining and minerals industry: 2018. The products that have been verified for local contents of more than 60 percent include RMS magnesia chrome-based refractory bricks and andalusite-based […]
Ocean freight rates have soared greatly for all trade routes since September 2020 due to the ongoing impacts of the COVID-19 pandemic. The freight rates in August 2021 reached $10,174/TEU, an increase of 466% in 2020. Asia-US West Coast rates shot up to $18,346/TEU, more than 6x its level a year ago.Asia-US East Coast costs […]
As part of the localisation requirements for the new South African Mining Act, all suppliers to mines in South Africa must have their products validated for more than 60 percent local content to be recognised under the Acts BBBEE procurement codes. This is to encourage local manufacturing of mining goods and stimulate the local economy. […]
Refractory and Metallurgical Solutions has recently completed its 2021 BBBEE audit and have improved from Level 7 to Level 5. Our target was Level 4, unfortunately, Covid-19 during 2020 hampered our efforts. However, the key highlights for RMS are: Black ownership is 33,08 percent with Black Female Ownership being 4,10 percent;Local manufacturer of refractory bricks […]
Refractory & Metallurgical Solutions has recently launched thermal scanning services. How it Works To inspect refractory material in furnaces, as well as kilns, the equipment must stop being used and then inspected visually. However, with the use of thermal imaging, production can continue whilst scanning the furnace or kiln. Hot spots will show up while […]
Refractories Window recently reached out to conduct an interview with Refractory and Metallurgical Solutions Managing Director, Dennis Brazier. The interview is based on our role in South Africa’s economy and the future of refractories in our country. Refractories Window Interview “We are expecting greater competition and consolidation of monolithic producers or even closures of smaller […]
Localisation in South Africa of manufacturing has been encouraged for years by the government. With this being said, it has become even more essential due to the Covid-19 pandemic which has effected global supply chains. In order for the South African economy to recover, we need to support local and begin manufacturing locally. RMS Marketing […]
RMS supports the national lockdown due to Covid-19 as announced by President Ramaphosa last night. RMS management are looking at mitigation measures to reduce the impact on our supply chains and assisting customers during the lockdown period. Customers can contact us to discuss their needs. Our priority is our employee and their family health and […]
RMS yesterday concluded a BBBEE deal increasing shareholding in the company from 12.5 to 36.99 percent. With this deal, RMS becomes the only South African Refractory producer of brick and monolithics that will comply with the new BBBEE codes of the Department of Trade and Industry and the Department of Minerals and Energy. RMS has […]
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