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11 Oct
12:32

Kumba sees exports hampered by Transnet force majeure

Kumba Iron Ore says export sales will be impacted by some 120,000 tonnes/day by the declaration of force majeure by rail and port operator Transnet amid strike action by Transnet’s unions. The South African miner says it has “implemented contingency plans to safeguard our assets and minimise the impact on operations”. However, the estimated impact on production is approximately 50,000 t/d for the first seven days and, thereafter, approximately 90…
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