Amplats completes repair to processing plant unit after blast
Anglo American
Platinum (Amplats) on Tuesday reports that it had completed repairs to one unit at its
Anglo Converter Plant and intends to lift its force majeure to suppliers of
concentrate, three months after a blast shut processing facilities.
The
Johannesburg-listed miner said it expected the Anglo Converter Plant and full
downstream processing operations to be fully operational at its Phase B unit
from May 12, while repairs would continue at its Phase A unit.
The damage to the
processing facilities forced Amplats, one of the world’s largest platinum
producers, to declare force majeure and cut its production outlook.
“As we complete
the ramp-up, we are engaging with suppliers of concentrate to lift force
majeure imminently. All temporary commercial arrangements applicable during the
force majeure period will revert to normal commercial terms,” Anglo American
Platinum CEO Natascha Viljoen said.
Amplats said the
force majeure notice would remain for the time being for its refined metal
customers due to the time taken to refine the respective platinum group and
base metals.
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