Glencore Merafe Chrome Venture’s new PGM plant funded internally
Merafe Chrome Venture, a joint venture owned 20.5% by South African mining and exploration company Merafe Resources and 79.5% by Swiss group Glencore, has started constructing a new platinum group metals (PGM) production facility near the Kroondal mine in the northwest.
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▪ Glencore Merafe Chrome Venture’s new PGM plant funded internally
▪ Merafe Chrome Venture, a joint venture owned 20.5% by South African mining and exploration company Merafe Resources and 79.5% by Swiss group Glencore, has started constructing a new platinum group metals (PGM) production facility near the Kroondal mine in the northwest.
The facility will be operational by 2022. Kroondal is one of South Africa’s largest platinum reserves.
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