Amplats, RBPlat reach agreement amid ACP closure

An arrangement has been agreed to in principle between JSE-listed Royal Bafokeng Platinum (RBPlat), Anglo American Platinum (Amplats), Rustenburg Platinum Mines (RPM) and Royal Bafokeng Resources (RBR), following the force majeure declared by Amplats under a disposal of concentrate agreement (Doca) between RBR and RPM. RBR is a wholly owned subsidiary of RBPlat, and RPM is a wholly owned subsidiary of Amplats.