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South Africa: Strike causes Amplats to declare force majeure with suppliers

April 2, 2014 - 6:00am


Strike-hit Anglo American Platinum Ltd. has sent force majeure notices to some suppliers, Reuters reported.

The company said "suppliers of goods and services whose contractual obligations cannot be met due to the strike have been advised that force majeure is being asserted."

The 10-week old strike at South Africa's top platinum mines has reduced global production of the metal by around 40%.

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