Platinum miners in deal to handle Amplats force majeure shock
Royal Bafokeng Platinum nears a payment agreement with company for concentrate deliveries
18 March 2020 - 14:41
UPDATED 19 March 2020 - 09:19
Royal Bafokeng Platinum (RBPlat) has revived cash flows for major projects after the shock force majeure announcement by Anglo American Platinum early in March halted the refining of its output.
Amplats, which is the world number two platinum group metals (PGMs) supplier, triggered the clause in its contracts with customers and clients that allowed it to breach the terms because of an event beyond its control...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.