Modikwa JV to continue delivering metal to Amplats plant despite shutdown

JSE-listed African Rainbow Minerals (ARM) on Thursday confirmed it was engaging with fellow-listed Anglo American Platinum’s (Amplats’) Rustenburg Platinum Mines (RPM) subsidiary to mitigate the negative impact on cash flow owing to possible payment delays.

Amplats last week announced it would need to temporarily shut down RPM’s converter plant owing to critical repairs to a second converter plant that had water ingress, while the primary converter plant was damaged in an explosion in February.