Iluka surges after Rio suspends RBM

RIO Tinto has suspended mining and smelting at Richards Bay Minerals in South Africa and declared force majeure on customer contracts.

Iluka surges after Rio suspends RBM Iluka surges after Rio suspends RBM Iluka surges after Rio suspends RBM Iluka surges after Rio suspends RBM Iluka surges after Rio suspends RBM

Workers at RBM in South Africa

It comes after the security situation at RBM continued to escalate.

"The safety of our people is our top priority," Rio Tinto chief executive Minerals Sinead Kaufman said.