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Platinum Group partners with Ajlan & Bros for Waterberg PGM project

Nov 28, 2024over 1 year ago

Contract Type

partnership

South AfricaMiningPrecious MetalsMineralMining Technology

Description

Platinum Group has announced a partnership with Ajlan & Bros, an investment holding company with more than $15 billion in assets under management, to conduct a $4 million feasibility study for the Waterberg PGM project. The partnership includes an option to form a joint venture to secure concentrate offtake from the project. The goal is to address export approval issues, explore local beneficiation options, and potentially collaborate with South African PGM smelters.

Company Information

Company

Platinum Group

Location

South Africa

About

Platinum Group is a mining company with a focus on platinum group metals (PGM) and other precious metals. The company is involved in the Waterberg PGM project in South Africa.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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