Transnet strike to hit Kumba production by 50 000 tons a day this week

Kumba Iron Ore, a subsidiary of Anglo American, has warned its production will be hit by the organisation-wide strike at Transnet. Kumba on Monday said it had received a notice of force majeure from Transnet due to the strike and the miner had subsequently implemented contingency plans to safeguard its assets and minimise the impact…...