Assmang, which is collectively possessed by African Rainbow Minerals (ARM) and Assore South Africa, has actually made a decision to position its Beeshoek iron-ore mine, in the North Cape, on treatment and upkeep, with regarding 622 long-term workers to be retrenched with impact from November 30. This adheres to the cessation of iron-ore offtake by the mine’s single client, steelmaker ArcelorMittal South Africa (AMSA), and a considerable testimonial of functional, industrial and economic options.
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