IRON-ORE
A long-running legal dispute, which arose in 2010, came to a head on Thursday when South Africa’s Department of Mineral Resources (DMR) returned the residual 21.4% undivided share of the mining right for the Sishen mine to Kumba Iron Ore subsidiary, Sishen Iron Ore Company (SIOC). The 21.4% share, initially held by steelmaking company ArcelorMittal South Africa (AMSA), has been the subject of a head-scratching dispute, which arose six years ago when the DMR controversially granted the right to politically connected company Imperial Crown Trading (ICT).
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access