August 23, 2012 / 7:06 AM / 5 years ago

BRIEF-Kumba, ArcelorMittal S.Africa reach new agreement

JOHANNESBURG, Aug 23 (Reuters) - Kumba Iron Ore Ltd : * Says sishen supply agreement * Says Arcelormittal South Africa Limited amsa”) had agreed upon an interim

pricing agreement * Says this agreement expired on 31 July 2012 * Says negotiations to determine the terms of a further interim pricing

agreement have taken place * Says will sell to arcelor mittal S.Africa a maximum of 1.5 million tonnes of

iron ore from the sishen mine until year-end * Says price for iron ore sold to arcelor mittal S.Africa will be a weighted

average price of us$65/t.

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