MANAGEMENT

Northam, Heraeus extend partnership

Northam Platinum and Heraeus have extended their co-operation agreement, with Heraeus to contribute €20 million (US$22 million) to expand the capacity of Northam’s existing smelter, with the construction of a 20MW second furnace at the Zondereinde metallurgical complex in South Africa.

Nadav Shemer
Northam will construct a second platinum complex

Northam will construct a second platinum complex

The total cost of the expansion is estimated at R750 million (US$55 million). “The addition of a second furnace at the Zondereinde division is a critical element of Northam’s strategic growth: it supports...

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