2001: A 4-ton vacuum induction melting furnace was acquired and positioned on site at Pelindaba.

2002: Avmin completed the feasibility study and detailed designs, and Avmin approached Rolls-Royce to assist with the establishment of the business.

2003: Two smaller vacuum induction melting furnaces were acquired and installed, and all the necessary approvals for the installation of the 4-ton vacuum induction melting furnace were successfully secured.

2004: Advanced planning and finalisation of the business model continues, but is stalled as Avmin re-organises strategically, resulting in it merging with African Rainbow Minerals (ARM).

2005: ARM decide Avalloy is non-core and enters into discussions to sell the business: dialogue starts with potential buyers, but none of the companies satisfy Rolls-Royce’s criteria for a partner.

2005: Abante agrees to acquire the facility.

2006: Rolls Royce starts talking to Avalloy on Future relationships.

2006: Abante Group aquires the Asset.

2007: Avalloy commissioned.

2007: Rolls Royce purchases a shareholding in Avalloy.

2008: As full production status materialises, a new and experienced management team is introduced. This team has significant superalloy alloy production and sales knowledge.

2008: Basileus aquires a stake in Avalloy through injecting fresh funds into the company.

2008: Basileus aquires Abante's shareholding as part of splitting Private Equity interests.

2009: Avalloy builds-up to targeted production levels, the necessary product accreditation processes are advanced and/or finalised, and international sales contracts secured.