Rio Tinto ends force majeure at Richards Bay Minerals project

March 18, 2022

Rio Tinto has announced that force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa has ended. Force majeure commenced on 30 June 2021 following a deterioration in the security situation around the mine.

Rio Tinto chief executive Minerals Sinead Kaufman said “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.

“I would also like to acknowledge the hard work of our people to ensure that RBM can continue to deliver for its customers, communities and shareholders.”

Richards Bay Minerals (RBM) is a world leader in heavy mineral sands extraction and refining and is South Africa’s largest mineral sands producer. RBM mines the vast mineral rich sands of the northern KwaZulu-Natal province and produces predominantly ilmenite, rutile and zircon – materials used in everything from paint to smart phones to sunscreen. 

 

 

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