Impala, Amplats Study $3 Billion Zimbabwe Platinum Refinery
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Impala Platinum Holdings Ltd., Anglo American Platinum Ltd. and Aquarius Platinum Ltd. are studying building a $3 billion platinum and base metal refining complex in Zimbabwe, an industry group said.
The companies are considering jointly building a smelter, a base metals refinery and a precious metals refinery, the Platinum Producers Committee, which represents the miners, said in a statement handed to Bloomberg News. Platinum occurs with a number of other precious metals including palladium and rhodium as well base metals, used in industry, such as nickel.