Sasol’s cyanide business sale blocked

  • 📰 Fin24
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Sasol’s cyanide business sale blocked

The Competition Tribunal has blocked the proposed sale of Sasol's sodium cyanide business to the Czech Republic's Draslovka Holdings.

Sasol is the primary supplier of sodium cyanide in liquid form to South Africa's gold mining industry. Sodium cyanide is a chemical compound commonly used in the extraction of precious metals like gold and silver. It is an important input for the gold mining firms operating in South Africa and there are no practical alternatives for it. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 21. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Competition Tribunal rejects Sasol’s sodium cyanide business saleSays the deal with Czech Republic-based firm would likely place South African gold miners at a disadvantage.
Source: Moneyweb - 🏆 5. / 77 Read more »