Rio Tinto to Resume Operations at Richards Bay Minerals, South Africa
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Rio Tinto has started the process of resuming operations at Richards Bay Minerals (RBM) in South Africa. This follows discussions led by the Premier of KwaZulu-Natal, Sihle Zikalala, involving all stakeholders focused on securing stability in order to address the issues in the community and provide the stable environment necessary for RBM to resume operations.
A phased restart is now in progress across the operation, with RBM expected to return to full operations in early January, leading to regular production in early 2020. Rio Tinto is contacting customers who were advised of a force majeure in their supply that this has now been lifted. Rio Tinto will review the restart of the Zulti South project after normalization of operations at RBM.
“The safety and security of our people is always our first priority and we are pleased that we will now be able to get back to work creating value for our people, our communities, South Africa and RBM’s shareholders,” said Bold Baatar, chief executive, Energy & Minerals.
“I would like to thank the Government of South Africa and the Premier of KwaZulu-Natal for their support and assistance in getting us to a position where we can restart operations at RBM. I would also acknowledge the work of community leaders and the police over the previous few weeks,” added Baatar.
About Rio Tinto
Rio Tinto’s segments include iron ore, aluminium, copper and diamonds, energy and minerals, and other operations. The company operates an iron ore business, supplying the global seaborne iron ore trade. Its iron ore product operations are located in the Pilbara region of Western Australia. The aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Its bauxite mines are located in Australia, Brazil, and Guinea. The copper and diamonds segment has managed operations in Australia, Canada, Mongolia, and the United States, and non-managed operations in Chile and Indonesia. The energy and minerals segment consists of mining, refining and marketing operations in over 10 countries, across six sectors: borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium.
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