Jul. 27 at 11:55 AM
$PLG Zimplats, the largest producer of platinum group metals (PGM) in Zimbabwe, recently significantly expanded its smelter capacity as part of a
$1.8 billion investment program. On July 23, 2025, the new 38-megawatt (MW) smelter was officially commissioned, tripling the annual processing capacity to 380,000 tons of concentrates, equivalent to approximately 1.09 million ounces of the six main PGMs (6E: platinum, palladium, gold, rhodium, ruthenium, and iridium).
If Platinum Group Metals (PLG) decides to approach Zimplats for processing, they should be aware that an export license from South Africa will be required to legally ship concentrates to Zimbabwe. This is an important step due to strict export regulations on minerals in South Africa.