Several laws and rules are in place in South Africa to make sure that mining corporations support value addition and industrialisation. A significant piece of law that regulates the mining industry is the Mineral and Petroleum Resources Development Act (MPRDA). Mining firms are required to submit beneficiation plans detailing how they aim to increase the value of the country's mined mineral resources. Government approval of these programmes ensures that mining activities contribute to industrialisation and economic growth. The Mining Charter, also known as the Broad-Based Socio-Economic Empowerment Charter for the Mining and Minerals Industry, lays out precise guidelines for mining corporations' involvement in local economic development. This involves assisting regional manufacturing, purchasing, and skill-building programmes. The Preferential Procurement Policy Framework Act also supports mining firms. Additionally, the Preferential Procurement Policy Framework Act encourages mining corporations to give local suppliers priority when buying products and services, so promoting economic development and employment creation. Among other things, these regulations make sure that mining corporations in South Africa actively participate in value addition and industrialisation, supporting the nation's sustainable economic growth.

 

South Africa's industrialisation has been greatly aided by a number of mining companies. As one of the largest mining companies in the country, Anglo-American has invested in smelters and refineries, which have made it possible to extract and purify materials like platinum, iron ore, and coal, they have significantly contributed to the growth of industrialization. Then, these goods with additional value are utilized in a range of industries, including the construction, automotive, and energy sectors. Additionally, via their mining operations, companies like Sasol have built regional industrial sectors. The industrial sector in South Africa has grown thanks in part to the establishment of facilities by Sasol, which is renowned for its coal-to-liquids technology. These facilities produce liquid fuels, chemicals, and other products derived from petroleum. These mining companies' investments, infrastructure development, and knowledge transfer have significantly aided South Africa's industrialization.