Sibanye strikes processing deal with Amplats after shutdown
Biggest source of PGMs will be able to refine material from its Marikana facility
17 March 2020 - 13:14
Sibanye-Stillwater, the world biggest source of platinum group metals (PGMs), will use spare smelting capacity to ease the effect of an 80-day shutdown of a processing facility at rival Anglo American Platinum (Amplats) after the parties reached an agreement in principle.
Earlier in March, Amplats issued a force-majeure notice — a legal defence that allows it to avoid liability for failing to meet contractual obligations due to an unexpected event — on supplies of metals after an explosion at a Rustenburg processing plant...
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