Brad Rogers
Rainmakers & Potstirrers

Brad Rogers

CEO: Jupiter Mines

www.jupitermines.com

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‘We think we’re a really good example of investment in South Africa and we plan to do more of that’

WHILE not the sexiest commodity, Jupiter Mines, the largest listed pure-play manganese miner in the world, has proved it can be profitable. The company has held a 49.9% stake in the Tshipi manganese mine in South Africa since 2010 in partnership with Ntsimbintle Holdings. Despite a temporary bump in the manganese price following a supply interruption at South32’s Australian operations, 2024 prices registered their lowest levels in years.  Jupiter still managed to increase profits owing to operational strength at Tshipi.

 However, the question of growth for Jupiter remains. CEO Brad Rogers has repeatedly said the company has plans to grow and intends to remain focused on South Africa. At the Africa Down Under Conference in Perth in September 2023, Rogers pointed out that 36% of the world’s production of manganese comes from South Africa, and there was still plenty of opportunity to grow that share. Tshipi still has 100 years of mine life remaining and could increase its production rate, but there is the potential for inorganic growth for Jupiter. Rogers noted how most of South Africa’s manganese mines were in close proximity, opening the door for consolidation opportunities. 

Jupiter’s plan by 2028 is to improve efficiency, grow through optimisation and M&A, improve its ESG performance and enter the battery space. On the latter point, studies are continuing into how the company can process low-grade manganese into high-purity manganese sulphate monohydrate for electric vehicles.

LIFE OF BRAD

A chartered accountant, Brad Rogers joined Jupiter Mines in August 2022 from Australian mining logistics firm Bis Industries, where he had held a variety of senior roles, including CEO, CFO and director of corporate development. Rogers previously worked for GRD Ltd, where he was responsible for group strategy, corporate finance and investor relations, as well as leading GRD’s Global Renewables operating business in Australia and Asia for three years. Earlier in his career, he worked as a corporate strategy adviser at Arthur Andersen and Mainsheet Corporate.

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