The kumba Iron Ore Subsidiary of South Africa’s mining firm Anglo American, has implemented contingency plans to safeguard its assets and minimise the impact on operations following the notice of force majeure from State-owned Transnet on October 7 owing to strike action by Transnet’s unions.
As a result of the disruption to Transnet’s rail and port services, the estimated impact on Kumba’s production is about 50 000 t/d for the first seven days and thereafter, about 90 000 t/d.
Export sales will be impacted by about 120 000 t/d, the company said on October 10.
Kumba said it would continue to monitor the situation closely and provide further updates when possible.
The company’s production and sales report for the third quarter is scheduled for release on October 27.
