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Tuesday, December 7, 2021

Glencore says reviewing Eland platinum mine, possible closure

JOHANNESBURG, Aug 18 (Reuters) – Glencore (Xetra: A1JAGV – news) is reviewing its operations at Eland platinum mine and has informed the government and trade unions of possible closures, the mining company said on Tuesday.

“This follows ongoing poor market conditions in the platinum sector and difficult operational conditions at the mine. Glencore has informed the Department of Mineral Resources (Other OTC: MALRY – news) and relevant unions of the potential closures,” the company said in a statement.

(Reporting by Peroshni Govender; Editing by James Macharia)

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