A wholly owned subsidiary of Sino-Platinum Metals, Sino-Platinum Resources Yimen Company, has been fined 500,000 yuan by the Yimen County Emergency Management Bureau after a general explosion accident resulted in the death of one employee. Five responsible individuals were also penalized. The direct economic loss from the accident was 1.396 million yuan. The investigation found that the subsidiary failed to properly implement its risk classification and control mechanism, and did not adequately carry out safety hazard identification and rectification. Given that the subsidiary actively carried out rescue efforts, cooperated with the investigation, and properly handled the aftermath, the fine was set at the statutory minimum of 500,000 yuan. Sino-Platinum Metals stated it will pay the fine in full and on time.
Sino-Platinum Metals Co LtdSubsidiary fined 500,000 yuan after fatal explosion; safety violations found.
Company fined for safety lapses leading to employee death.
