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Rio Tinto resumes operations at Richards Bay project

The company declared a force majeure on customer contracts at the project in June, citing ‘an escalation in the security situation at the operations’.
Image: Taylor Weidman/Bloomberg

Rio Tinto said on Tuesday it has restarted operations at its Richards Bay Minerals project in South Africa after a furnace in July was shut down as the supply of raw materials was affected.

The company declared a force majeure on customer contracts at the project in June, citing “an escalation in the security situation at the operations”.

The force majeure remains in place, Rio Tinto said on Tuesday, adding that operations would be ramping up as soon as possible, while the impact from the suspension was yet to be evaluated.

The development follows a stabilisation of the security situation around the mine, the company said.

The Richards Bay mineral sands project comprises mining, refining and smelting of heavy minerals or ore deposits.

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Only until the next GM gets shot !!!
Coming to a TV near you soon.

The furnace in question was due to be shut down in December to be rebuilt and had gone to contract, as a result of the circumstances the timeline was forward due to convenience. It is not always as it seems. RBM has stockpiles of minerals that have become commercially viable in the last few years. Do you think Rio would reopen RBM if they werent gonna make fists full of money?

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