Northam acquires PGM recycling equipment, property in US

July 28, 2017

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JSE-listed Northam Platinum is marking its entry into platinum-group metals (PGM) recycling through an aggregate $10.7-million acquisition of PGM recycling equipment and property in the US. Entering into binding transaction agreements, Northam will acquire multiple ceramic catalytic converter processing lines and ancillary equipment, including sampling and separation systems, transportation and a materials handling fleet from automotive catalysts PGMs recycler A-1 Specialized Services.

Category: General