Anglo American Corporation purchased a 52% holding in JCI, agreeing to protect the company against predatory takeovers, and this situation continued until 1994.
JCI installed a technically advanced Precious Metals Refinery at Rustenburg, which processed Platinum Group metals totally in South Africa, and built a ferrochrome smelter at Lydenburg which was the first in South Africa to directly smelt chromite fine ore.
In 1995 the majority shareholder, Anglo American Corp, decided to offer JCI to the new political dispensation in South Africa as a Black Economic Empowerment vehicle.
Additionally, it was alleged that John Stratton then procured Brett Kebble's murder, with which Glenn Agliotti has been charged.
[1] In August 2010, an American company Hemispherx was awarded $188 million Judgment Against JCI by Court in Miami, alleging that JCI wrongly obtained confidential information as part of an effort to devalue Hemispherx's stock price and gain control, according to court papers.