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An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain

This paper examines mineral beneficiation within the aluminium and iron & steel industries in Kwazulu-Natal and the associated value chains. Multiplier analysis is used in conjunction with the provincial social accounting matrix to determine the knock on effects of increased beneficiation, exploring...

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Main Author: Hearn, Nikol Anuschka
Format: Thesis
Language:English
Published: School of Economics 2015
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access_status_str Open Access
author Hearn, Nikol Anuschka
author_browse Hearn, Nikol Anuschka
author_facet Hearn, Nikol Anuschka
author_sort Hearn, Nikol Anuschka
collection Thesis
description This paper examines mineral beneficiation within the aluminium and iron & steel industries in Kwazulu-Natal and the associated value chains. Multiplier analysis is used in conjunction with the provincial social accounting matrix to determine the knock on effects of increased beneficiation, exploring the relevant impact of backward linkages. The multipliers created by both direct and indirect stimulation in the downstream industries are examined and the impacts of beneficiation on economic and welfare indicators are assessed. The key findings of the study are that the net effect on regional production is more than double the value of the initial stimulation for each of the considered sectors in the value chain. Moreover, job creation becomes evident when demand increases and that much of this employment go to the previously disadvantaged. There are however relevant drawbacks in terms of constrained electricity supply and significant leakages created by imports
format Thesis
id oai:open.uct.ac.za:11427/15760
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:32:46.693Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2015
publishDateRange 2015
publishDateSort 2015
publisher School of Economics
publisherStr School of Economics
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/15760 An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain Hearn, Nikol Anuschka Economics This paper examines mineral beneficiation within the aluminium and iron & steel industries in Kwazulu-Natal and the associated value chains. Multiplier analysis is used in conjunction with the provincial social accounting matrix to determine the knock on effects of increased beneficiation, exploring the relevant impact of backward linkages. The multipliers created by both direct and indirect stimulation in the downstream industries are examined and the impacts of beneficiation on economic and welfare indicators are assessed. The key findings of the study are that the net effect on regional production is more than double the value of the initial stimulation for each of the considered sectors in the value chain. Moreover, job creation becomes evident when demand increases and that much of this employment go to the previously disadvantaged. There are however relevant drawbacks in terms of constrained electricity supply and significant leakages created by imports 2015-12-10T09:32:19Z 2015-12-10T09:32:19Z 2015 Master Thesis Masters MCom http://hdl.handle.net/11427/15760 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Hearn, Nikol Anuschka
An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain
thesis_degree_str Master's
title An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain
title_full An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain
title_fullStr An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain
title_full_unstemmed An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain
title_short An economic impact analysis of mineral beneficiation in Kwazulu-Natal's iron and steel and aluminium value chain
title_sort economic impact analysis of mineral beneficiation in kwazulu natal s iron and steel and aluminium value chain
topic Economics
url http://hdl.handle.net/11427/15760
work_keys_str_mv AT hearnnikolanuschka aneconomicimpactanalysisofmineralbeneficiationinkwazulunatalsironandsteelandaluminiumvaluechain
AT hearnnikolanuschka economicimpactanalysisofmineralbeneficiationinkwazulunatalsironandsteelandaluminiumvaluechain