US Tronox not affected by South Africa mining labour strife – CEO

21 February 2013 17:20  [Source: ICIS news]

HOUSTON (ICIS)--Tronox’s operations in South Africa are not affected by the ongoing labour unrest in that country’s mining sector, the CEO of the US-based integrated titanium dioxide (TiO2) producer said on Thursday.

“Our businesses in South Africa are operating well, we have good relationships with our employees,” Tom Casey said during Tronox’s 2012 fourth-quarter results conference call.

Tronox is working to keep labour relationships positive and “treat people well,” he added.

Casey said that the labour troubles were in the platinum and gold sectors, where mines are deep underground and difficult to work.

Tronox, for its part, has surface mines in South Africa that are located in more developed areas, allowing workers to go home after work, instead of being housed in on-site dormitories, he said.

“So far we have been fine, we have no strikes … we have confidence about the future [in South Africa],” he said.

Casey added that South Africa’s government was seeking to share the country’s mining wealth, while not impeding the development of profitable businesses.

Tronox’s business in South Africa include mineral sands operations in KwaZulu Natal and an open-pit mine on the country’s west coast where it mines heavy minerals to produce TiO2 feedstock, zircon, rutile and high purity iron products, according to information on its website.

By: Stefan Baumgarten
+1 713 525 2653

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