Andulela will be looking to expand its investment base to take advantage of the shift in global markets that has driven the appetite for metal commodities, which are likely to result in strong performances across a number of metal classes, including steel. The company aims to grow both organically and through strategic acquisitions to build a business that delivers a constant income stream from a basket of quality assets, in order to realise a consistent return on investment.

This strategy is also important to mitigate the inherent risks that are prevalent in the current portfolio made up predominantly of PGMs, and greater diversification will also provide better shelter from the cyclical downturns in the economy.

Any proposed acquisitions by Andulela will only be considered if it strengthens the company's investment base and broaden its geographic footprint.