Global mining heavyweight Rio Tinto has lifted the force majeure on customer contracts at its Richards Bay Minerals operation, which was wracked by violence last year. It’s a green economic shoot of sorts.
Rio Tinto said in a brief statement on Friday, 18 March, that it had lifted the force majeure declared at Richard Bay Minerals last year amid escalating violence that saw the murder of general manager Nico Swart in May.
It went on to quote Rio’s chief executive for minerals, Sinead Kaufman, as saying: “This marks an important moment in RBM’s recovery since the halt in operations last year. We must all remain vigilant and continue to strengthen our partnership with government and community stakeholders.”
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