Platinum is heating up ! Norilsk Nickel eyes SA platinum sector...

Platinum is heating up !

Norilsk Nickel eyes SA platinum sector


Russia's Norilsk Nickel, the world's largest producer of nickel and palladium, is looking at platinum mine acquisitions in South Africa to boost its PGM output over the next decade, a senior official said on Tuesday. Norilsk Nickel is already in South Africa, which accounts for about three quarters of the world's platinum output, where it has a 50/50 joint venture in Nkomati nickel mine with African Rainbow Minerals.

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