Glencore Merafe Chrome Venture’s new PGM plant funded internally

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. 

https://www.africabusinessplus.com/en/810753/glencore-merafe-chrome-ventures-new-pgm-plant-funded-internally/

The facility will be operational by 2022. Kroondal is one of South Africa’s largest platinum reserves.

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