Patel’s department accused of delaying Implats-RBPlat merger through late feedback
02 August 2022 - 20:39
Royal Bafokeng Platinum’s attorney has accused the department of trade, industry & competition of “gross failure” after it failed to submit feedback to the Competition Tribunal regarding the proposed merger between Impala Platinum (Implats) and Royal Bafokeng Platinum (RBPlat) on time.
Implats wants to buy its neighbour to extend the life of its Rustenburg operation as its shafts are ageing and becoming too costly to mine...
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