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New cost-slashing platinum technology gaining impressive momentum

The new cost-slashing, time-saving, capital-unlocking, mine-broadening and cobalt-saving platinum technology, driven by diversified mining company Pallinghurst and South Africa’s State-owned Industrial Development Corporation (IDC), is gaining impressive international momentum as an initiative that is transformational for an entire industry. Not only will construction of a new Kell concentrate-to-refined metals plant begin in South Africa this year at Pallinghurst’s Sedibelo platinum mine in North West province, but a far-reaching agreement was struck this week for up to five Kell plants to be built in neighbouring Zimbabwe, where it has been agreed that over time all the platinum concentrate produced in Zimbabwe will be Kell processed.