Eastern Platinum Launches New PGM Facility in South Africa

Eastern Platinum (TSE:ELR) has released an update.

Eastern Platinum has commenced the commissioning of its new platinum group metals processing facility at the Crocodile River Mine in South Africa, signaling a significant step in its mining operations. The plant has already processed 22,000 tons of run-of-mine ore, delivering a concentrate with approximately 1,300 ounces of platinum metals to Impala Platinum. With the facility’s ramp-up, monthly production is expected to reach 40,000 tons by the end of 2024.

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