DELTA EMD Ltd

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Delta EMD Ltd. JSE: DTA

delta emd shares

Background of Delta EMD Ltd

  • Delta EMD Ltd is a registered holdings company for a group of manufacturing companies that supply Electrolytic Manganese Dioxide. The company is a supplier of the whole range of EMD (predominantly used for dry alkaline batteries) for high grade optimum performance that includes lithium grade – to low grade – discharge alkaline batteries.

  • Delta EMD is controlled by a Us0based company, called Valmont EMD. The company supplies Duracell, a globally recognised manufacturer of batteries and smart power systems. Delta EMD employed around 177 staff and owned its own mine at Blackrock in the Northern Cape. In addition to their Northern Cape mine, the company also boasted a manufacturing plant in Nelspruit, Mpumalanga.

  • At one stage, Delta EMD Ltd also owned a repairs and spares divisions which have been disposed of for the last 14 years. The company was founded in 1919.

Delta EMD Ltd Shares Growth Driver

  • After their inception in 1919, Delta EMD enjoyed almost a century of success, built on a strong drive towards hard work and dedication. Their growth was driven significantly by international demand, especially from North America. The company’s ability to successful supply globally recognised manufacturers, namely Duracell, bolstered their growth for many years.

  • Among Delta EMD’s share growth drivers, was their very profitable repairs and spares divisions (disposed in 2005).

Delta EMD Ltd Group Investor Tip

  • Delta EMD holds no interested to any investor at current times. The company’s trade has been decommissioned since 2014, since a joint shareholder agreement halted trade in a timely and orderly manner. Since 2014, the company has sold off assets to recoup capital in a bid to discontinue their manufacturing site in Nelspruit as well as their mine in the Northern Cape. Although the company enjoyed a vast level of successful years supplying North American companies, a decline in the market and a preference (On behalf of their North American clients) to domestic suppliers, Delta EMD Ltd crumbled under the pressure.

  • At the current rate, Delta EMD Ltd shows no signs of reignighting its trade, which makes the company utterly redundant to investor interest, until further notice.

  • Sector

    Mining

  • Industry

    EMD

  • Sub industry

How to buy Delta EMD Ltd Group Shares

  • Delta EMD Ltd : How to buy Delta EMD Ltd Group Shares Online

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