Publication Navigation

Site Navigation

Marikana gets chrome recovery plants

Marikana gets chrome recovery plants. Photo: Bloomberg
Publishing Date
29 Mar 2010 12:21pm GMT
Author
Mining Magazine

Processing  


Lonmin has signed two contracts to construct chrome recovery plants at its Marikana platinum operation in South Africa, enabling it to gain chrome by-product revenues. The company is also considering building plants to recover platinum group metals (PGMs) from tailings from UG2 concentrators, following the removal of the chrome.

"These agreements mark the continuation of a trend across the industry as PGM producers look to realise value through chrome by-product revenues and improved PGM recoveries," said Lonmin CEO Ian Farmer.

The two chrome recovery plants will be built and operated by the Xstrata-Merafe Chrome Venture and ChromTech and are expected to be in full production by the second half of Lonmin's 2011 financial year. Under the terms of the contracts, the Xstrata-Merafe Chrome Venture and ChromTech will purchase the chromite concentrate produced from the plants.



Companies in this article

Visit the links below to read profiles, see stock information and read all news on companies mentioned in this article.

More News By Subject

Comments

There are no comments for this article. Be the first to comment below.

You must be logged in to comment.


-->

Site Search

Log in
Latest Issue: MM JanFeb 2012
MM-janfeb-2012-cover.jpg


 

PROFESSIONAL PLACEMENTS
Professional Placements

Professional PlacementsGeologists- Senior and Junior Positions

Gryphon Minerals is aggressively growing its world class Banfora Gold Project in Burkina Faso, West Africa.

Professional PlacementsMining and Metals Opportunities - Hatch

Mining and Metals Opportunities in London and Globally: Senior and junior roles.

Professional PlacementsMinerals Geoscientist Vacancy - Neftex

Do you want to help develop the world’s most detailed commercially-available 4D Earth Model to support the mining majors?

Professional PlacementsOpportunities for Senior & Principal Level Consultants - SRK

Professionals needed for central Moscow office.

Professional Placements: SchlumbergerSenior Hydrogeologist - Schlumberger

We need you in Australia or Canada

Professional Placements: Geologist - Condor ResourcesMining Journalist: Vancouver

Mining Journal is looking to employ a full-time member of staff in British Columbia