Rio Tinto to Resume Operations at Richards Bay Minerals, South Africa
December 30 2019 - 2:47AM
Dow Jones News
By Ian Walker
Rio Tinto PLC (RIO.LN) said Monday that it has initiated the
process to restart operations at Richards Bay Minerals in South
Africa, with full operation expected in early January and regular
production early next year.
The London and Australian-listed mining company added that once
operations at Richards Bay has normalized it expects to review
restarting the Zulti South project.
Rio Tinto halted operations earlier this month following an
escalation in violence in communities around its Richards Bay
Minerals operations.
It said Monday that it has decided to restart operations after
talks with the Premier of KwaZulu-Natal, Sihle Zikalala, to address
the issues in the community and provide the stable environment
necessary for the mine to resume operations.
Rio reiterated that titanium dioxide slag production for 2019 is
now expected to be at the bottom end of 2019 guidance of between
1.2 million and 1.4 million metric tons.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
December 30, 2019 02:32 ET (07:32 GMT)
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