Two Rivers plant expansion project, South Africa – update
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Name of the Project
Two Rivers plant expansion project.
Location
On the eastern limb of the Bushveld Complex, about 35 km south-west of Burgersfort, in Mpumalanga, South Africa.
Project Owner/s
Two Rivers is a joint venture between diversified miner African Rainbow Minerals (51%) and platinum group metals producer Impala Platinum (49%).
Project Description
The project will add 40 000 t a month to 60 000 t a month of milling capacity at the Two Rivers operation.
At steady state, the project is expected to produce 360 000 oz/y of platinum, palladium, ruthenium, rhodium, iridium and gold.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
The project was approved in December 2019. Full ramp-up of the additional mill is expected to be achieved towards the end of the third quarter of the 2022 financial year.
Latest Developments
The Merensky concentrator plant construction and the first two mining levels have been completed.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
African Rainbow Minerals, tel +27 11 779 1300 or email ir.admin@arm.co.za.
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