Picture: ISTOCK
Picture: ISTOCK

Impala Platinum says it plans to sell its chrome business to focus on core business.

Implats called for offers for its 65% interest in Impala Chrome.

"We are only potentially selling our interest in a chrome-extraction venture at Impala Rustenburg," spokesman Johan Theron said, referring to the company’s North West mine.

The proposed sale would take place in a single transaction through a competitive tender process, Implats said.

"We have also prioritised local business entities to try and further integrate our business activity with local communities around the Rustenburg operation," Theron said.

Reuters

Please sign in or register to comment.