Assmang produces refined ferro-manganese at its Cato Ridge Alloys plant in the eastern province of KwaZulu-Natal and informed its customers about the force majeure
on production earlier this week.
The force majeure
declaration was made on customer contracts due to rioting and looting in KwaZulu-Natal amid nationwide protests, triggered by the jailing of ex-president Jacob Zuma for failing to appear at a corruption inquiry last week.
“Assmang made the declaration [of force majeure
] a couple of days ago,” the source said. “Our transport provider, Transnet, has also declared force majeure
and while the situation is calmer now, there is hope Assmang will be able to resume deliveries in the next few weeks.”
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