June 19, 2020 / 1:32 PM / 13 days ago

BRIEF-Merafe Resources Says Consultation With Employee Representatives, Recognised Trade Unions Underway

June 19 (Reuters) - Merafe Resources Ltd:

* CONSULTATION WITH EMPLOYEE REPRESENTATIVES AND RECOGNISED TRADE UNIONS REGARDING PROCESS IS UNDERWAY

* CONSULTATION WITH EMPLOYEE REPRESENTATIVES AND RECOGNISED TRADE UNIONS REGARDING PROCESS IS UNDERWAY

* PROCESS DUE TO WORSENING OPERATING ENVIRONMENT IN SOUTH AFRICAN FERROCHROME INDUSTRY, INCLUDING UNSUSTAINABLE ELECTRICITY PRICING

* PROCESS WILL ALSO IMPACT EASTERN AND WESTERN CHROME MINES

* OPERATIONS IMPACTED BY PROCESS ARE, LYDENBURG SMELTER, WONDERKOP SMELTER, BOSHOEK SMELTER AND LION SMELTER

* GLENCORE OPERATIONS SOUTH AFRICA, MERAFE COMMENCED CONSULTATION PROCESS IN TERMS OF SECTIONS 189 AND 189A OF LRA Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below