RBPlat reviewing impact of Amplats’ converter plant shutdown
JSE-listed Royal Bafokeng Platinum (RBPlat) is reviewing the impact of a force majeure declared by fellow-listed Anglo American Platinum (Amplats) last week on its own operations.
Amplats on Friday announced that it would temporarily shut down the Anglo Converter Plant, which treats smelted matte in preparation for refining, following an explosion in February.
Amplats had, following the explosion, started up a second converter plant, but it continued to have inexplicable water ingress, resulting in a safety hazard.
The platinum group metals producers, therefore, decided to shut down the plant while repairs are made to the second converter plant, which is expected to take about 80 days.
Repairs to the initial plant are only expected to be completed in the second quarter of 2021.
Amplats is, therefore, unable to fulfil its duties under a disposal concentrate agreement between its Rustenburg Platinum Mines (RPM) subsidiary and RBPlat subsidiary Royal Bafokeng Resources (RBR).
Under the terms of that agreement, RPM treats material supplied to it by RBR.
RBR has temporarily acceded to Amplats’ request not to deliver concentrate to RPM, pending the outcome of discussions with Amplats and RPM.
RBPlat said it would update stakeholders as soon as it was in a position to quantify the near-term impact of this development with greater accuracy.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation













