South32-Alcoa deal exposes beneficiation myth
THERE are few words in South African economic policy more seductive than “beneficiation”. It has everything: moral uplift, industrial ambition, a pleasingly muscular rhythm and the promise that somewhere, just beyond the next cabinet lekgotla, a lump of ore will be persuaded to become a dishwasher, a turbine blade or perhaps a small electric car […] The post
