Rio Tinto declares force majeure at violence-hit SA operation
Australian miner stops work at Richards Bay Minerals due to persistent attacks
30 June 2021 - 11:47
UPDATED 30 June 2021 - 19:25
Rio Tinto has declared force majeure on customer contracts at its Richards Bay Minerals subsidiary in SA and halted the operation, after the murder of a senior manager and continuing violence in surrounding communities disrupted business.
Force majeure is a legal term in supply contracts that protects companies when events beyond their control disrupt operations. It is a serious clause to invoke and not one the management does lightly...
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