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Platreef Platinum-Group Metals Mine

Sector: Metal • Location: South Africa

Source: Business Insider Africa

Project
Under Construction

The Platreef mine is a $2-billion platinum-group metals project in South Africa, initiated by American-Canadian billionaire Robert Friedland. The project involves mining platinum, palladium, rhodium, nickel, copper, and gold. Ivanhoe Mines is investing $1.2 billion in the initial phases with plans for further expansion. The mine employs over 2,000 people, mostly from local communities, and aims to

Status
Under Construction
Sector
Metal
Location
South Africa
Updated
22 Jul 2026
Source
Business Insider Africa

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The project “Platreef Platinum-Group Metals Mine” is an infrastructure initiative in the Metal sector, located in South Africa. Taiyo aggregates data on it from Business Insider Africa.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Platreef mine is a $2-billion platinum-group metals project in South Africa, initiated by American-Canadian billionaire Robert Friedland. The project involves mining platinum, palladium, rhodium, nickel, copper, and gold. Ivanhoe Mines is investing $1.2 billion in the initial phases with plans for further expansion. The mine employs over 2,000 people, mostly from local communities, and aims to be a low-cost global source of precious metals while supporting local economic growth.

Original sector

Mining

Budget

Location

Country

South Africa

Source

Source

Business Insider Africa

URL

More Details

Record type

Project

Sector

Metal

Article published date

2025-11-22

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