Lonmin, Tharisa to produce platinum-rich metal alloys

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BONUS – RUSTENBURG - Arxo Metals Proprietary Limited (Arxo Metals), the beneficiation, research and development subsidiary of Tharisa, is commissioning a 1MW DC furnace to produce PGM-rich metal alloys on a pilot scale. 

The production of PGM-rich metal alloys will further develop Tharisa’s beneficiation capability and thereby the profitability of its PGM segment, Tharisa announced last week.

“The furnace is scheduled to be commissioned at the end of September 2017 and will take approximately six months to ramp up to a production of PGM-rich metal alloy.

This alloy will be smelted by Lonmin Plc as part of a PGM research and development co-operation agreement entered into on 19 July 2017,” reads a statement by the company.

Tharisa CEO Phoevos Pouroulis has said: “The PGM research and development co-operation agreement is in line with the Group’s strategic objective of moving down the value chain.

Tharisa and Lonmin have a good relationship and we are pleased to be working together to our mutual benefit.”