Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Wed 1 Aug 2012, 7:05 KUMBA IRON ORE LIMITED - SISHEN SUPPLY AGREEMENT
KIO 201208010003A
SISHEN SUPPLY AGREEMENT

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISN: ZAE000085346
("Kumba")

SISHEN SUPPLY AGREEMENT

Shareholders were previously advised that Sishen Iron Ore Company
(Pty) Ltd (“SIOC”) and ArcelorMittal South Africa Ltd (“AMSA”) had
agreed on an interim pricing agreement ("the extended interim
pricing agreement") in respect of the supply of iron ore to AMSA
from the Sishen Mine for the period from 1 August 2011 to 31 July
2012.

Extensive negotiations have taken place between SIOC and AMSA in
an attempt to reach agreement in respect of a further interim
pricing arrangement to govern the supply of iron ore from the
Sishen Mine to AMSA for the period after the expiry of the
extended interim pricing agreement.  The parties have as yet not
reached any agreement in this regard and discussions between the
parties are on-going.

SIOC continues to supply AMSA with iron ore, on terms that are
presently being discussed between the parties.

Shareholders will be informed of further material developments in
this regard.

Pretoria
1 August 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 01/08/2012 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: