Mining News

Glencore-Merafe JV building new PGMs production plant at Kroondal

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JSE-listed ferrochrome producer Merafe Resources reports that it and Glencore Operations South Africa have reached an agreement to contribute to the Glencore-Merafe chrome joint venture (JV) a new platinum group metal (PGM) production plant that is currently being built at the Kroondal mine.

The new PGM plant’s main operations will be the treatment of PGM-bearing material derived from the mining operations at the JV’s western chrome mines, as well as that available in applicable tailings facilities and dams.

Its share of production for the fourth quarter was 102 000 t – a 5.1% year-on-year increase, mainly as a result of current production being less affected by Covid-19 pandemic implications, coupled with improved plant efficiencies achieved at the smelters.

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