6 days ago
Impala Triples Platinum Smelting in Zimbabwe With New Plant
Impala Platinum Holdings Ltd. 's Zimbabwe unit is tripling its processing capacity in the country and plans to handle concentrates from other mining firms at its new smelter.
The plant, part of Zimplats Holdings Ltd.'s $1.8 billion expansion plan, has the capacity to process 380,000 tons of concentrate annually, Zimplats Chair Thandi Orleyn said at the smelter's commissioning ceremony in Selous, 80 kilometers (50 miles) west of the capital Harare. The country's biggest platinum miner has already allocated $1.1 billion of its 10-year investment plan, which runs through 2031, she added.
