https://www.miningweekly.com

SA, Russia recommit to implementation of PGMs MoU

24th July 2018

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

South Africa and Russia recommitted themselves to the continued implementation of the memorandum of understanding (MoU) on platinum group metals (PGMs), following the third yearly PGMs conference, which took place in Johannesburg, on Tuesday.  

Delegates at the conference agreed on the need to increase the demand for PGMs and develop alternative uses of PGMs. This includes in fuel cell technology, jewellery fabrication, as well as investment applications. 

“To further sustain our mining [industry] we must strengthen collaboration in the exploration and geological spheres. In this regard, we intend to partner with Russia in the area of airborne geophysics,” Mineral Resources Minister Gwede Mantashesaid at the conference. 

The MoU was signed in 2013 on the sidelines of the Brazil, Russia, India, China and South Africa Summit, in Durban, and resulted in the creation of a Joint Working Group on PGMs. 

Meanwhile, the two countries on Tuesday further engaged on risks to the growth and sustainable development of the sector including the illicit trafficking of raw PGMs.

“To make a sustainable difference, we must make our MoU implementable, and continuously work to strengthen our partnership, including the exchange of knowledge and skills transfer,” he said. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Projects

Image of lithium ore stockpile
Lithium conversion plant, Australia
Updated 1 hour 23 minutes ago By: Sheila Barradas
Aerial view of the Amapá mine
Amapá iron-ore project, Brazil
Updated 1 hour 23 minutes ago By: Sheila Barradas

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.12 0.158s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: