Glencore-Merafe in South Africa Also Declares Force Majeure

摘要

The local new reported that Merafe Resources (Merafe) in South Africa confirmed on April 1 that Glencore- Merafe, a joint venture company, declared force majeure, in response to a declaration of a lockdown across the whole country in South Africa. Although Glencore plc (Glencore) holds 79.5% of the stock of Glencore-Merafe, it is reported that Glencore avoided confirmation.