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Selous Metallurgical Complex tailings storage facility, Zimbabwe – update

Image of zZimbabwe flag and periodic table symbols for platinum, palladium, rhodium and gold

8th March 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Selous Metallurgical Complex tailings storage facility (TSF).

Location
Zimabwbe.

Project Owner/s
Zimplats, a subsidiary of Impala Platinum.
 
Project Description
The project will extend the design life of the TSF from 2025 until 2049 by expanding the facility’s footprint.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
$43-million. Phase 1 is estimated at $25-million and Phase 2A at $18-million.

Planned Start/End Date
Phase 1 started construction in May 2021 and Phase 2A in November 2023.

Both phases are in progress and forecasted to be completed in the second quarter of the 2026 financial year and fourth quarter of the 2028 financial year respectively.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Impala Platinum, +27 11 731 9000 or email investor@implats.co.za.

Edited by Creamer Media Reporter

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