Royal Bafokeng, Amplats agree to extend concentrate purchase agreement

Rustenburg Platinum Mines (RPM) – a wholly-owned subsidiary of Anglo American Platinum (Amplats), has agreed to extend its disposal of concentrate agreement (Doca) with Royal Bafokeng Resources (RBR) – a wholly-owned subsidiary of Royal Bafokeng Platinum (RBPlat), to February 10, 2023. This comes as RBPlat is currently the subject of a mandatory offer by Impala Platinum and makes provision for either 17% or 50% of Amplats’ bought concentrate.