South African platinum miners declare force majeure

31 March 2020 (Last Updated March 31st, 2020 11:21)

Global platinum giants Anglo American Platinum, Sibanye-Steelwater, and Implats have declared force majeure on contracts in South Africa, after the country entered its 21-day lockdown period aimed at suppressing Covid-19.

South Africa accounts for 70% of the world’s platinum production.