Our Board of Director’s and a number of the Global Leadership Team recently had the privilege of visiting Northam Platinum’s Zondereinde mine and Sibanye-Stillwater’s Kroondal Process Plant as well as the Ensera and Quality Labs facilities in South Africa.
The group took walking tours of the sites and facilities, and met with a number of key stakeholders and team members.
According to the World Platinum Investment Council, the total global demand for PGMs in 2023 will increase by five percent, with the majority of demand coming from the automotive sector, followed by jewellery, industrial, and investment sectors.
Global demand continues grow due to stricter emissions regulations, particularly in China and Europe, as well as the strong demand for electric vehicles, which also require PGMs for certain components such as fuel cells.
For almost four decades, DRA has built strong capabilities in the platinum group metals (PGM) market, having designed around 80 percent of the platinum processing plants in South Africa and Zimbabwe. Our work on the first of the Lonmin platinum projects goes all the way back to 1989.
Both Northam and Sibanye-Stillwater are highly valued partners, having been long-standing clients for many years. Our relationship with Sibanye-Stillwater goes back 20-plus years with our Minopex business undertaking the operations and maintenance of the K1 and K2 plants that were built by DRA since the initial plant commissioning period in 1999.
Today, we are proud that DRA is considered a world leader in platinum concentrator projects where we optimise efficiency and cost-effectiveness to support our clients to meet the strong global demand.