(Posted on 01/07/21)
Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa due to an escalation in the security situation at the operations. This has led to the decision to cease operations until the safety and security position improves.
Rio Tinto chief executive Minerals, Sinead Kaufman, said: “The safety of our people is our top priority. We continue to offer our full support to the investigating authorities and I would like to acknowledge the ongoing support of the regional and national governments and South African Police Service as we work together to ensure that we can safely resume operations.”
All mining and smelting operations at RBM have been halted until further notice. The Zulti South project has remained on full suspension since the security and community issues in 2019.
Bunge has successfully closed its purchase agreement for the grain elevator assets of North West Terminal... Read more
The National Grain and Feed Association (NGFA) in the USA has applauded the Senate Agriculture Committee... Read more
As Rio Tinto previously reported, the size of its Board peaked at 14 Directors during a transitional... Read more
ADM , a global leader in human and animal nutrition, has celebrated the opening of its new Central Milling... Read more
Bunge Global SA has announced that it has changed its segment and volume reporting to align with the... Read more
As the European Parliament prepares for the confirmation hearings of the new Commissioners, the Open... Read more
Multinational mining company, Rio Tinto, has releases its third quarter 2025 production results showing... Read more
Rio Tinto, Mitsui and Nippon Steel will invest $733 million1 (Rio Tinto share $389 million) to develop... Read more
Cargill has introduced Boston Dynamics’ four-legged robot, Spot, at its Amsterdam Multiseed crush... Read more
Holcim Australia has announced that Cement Australia (CA) - its joint venture with Heidelberg Materials... Read more