‘Key milestone’ for Platreef project

The completion of the definitive feasibility study (DFS) for the first phase of production at platinum group metals (PGMs) miner Ivanhoe Mines’ Platreef project, on the northern limb of South Africa’s Bushveld Igneous Complex, is another key milestone in Ivanhoe’s planned transformation of the discovery into one of the preeminent South African producers of PGMs, says executive chairperson Robert Friedland. He notes that Platreef is a massive, high-grade, long-life, Tier 1 deposit that will produce a suite of vital metals, of which many are essential to sustain the urbanising planet. “The nickel and copper by-products are essential in the electric car revolution and the platinum and palladium are equally vital for hydrogen fuel cell technology and catalytic converters to clean the air.”