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Russian Platinum plans November launch of Arctic mine
Russian Platinum plans to start production at its Arctic polymetallic project in November, the company’s owner said on Thursday. Currently only metals giant Nornickel produces platinum group metals (PGM) in Russia. Russian Platinum had planned to launch the first stage of the project in 2024, but postponed it owing to difficulties accessing equipment amid Western sanctions. “We expect to obtain our first output in November this year,” Musa Bazhaev said at the St Petersburg Economic Forum. The company has licences for the Chernogorskoye deposit and the southern part of the Norilsk‑1 deposit, which contain ... (full story)
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- Jun 4, 5:05pm | 21 hr ago Posted byFundamental Analysis49
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