https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Platinum's process leap given Parliamentary pep

Close

Embed Video

Platinum's process leap given Parliamentary pep

Economic Development Minister Ebrahim Patel
Photo by Duane Daws
Economic Development Minister Ebrahim Patel

28th April 2017

By: Martin Creamer
Creamer Media Editor

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

JOHANNESBURG (miningweekly.com) – A significantly improved platinum group metals (PGMs) processing method has been developed with the assistance of South Africa's State-owned Industrial Development Corporation (IDC), Economic Development Minister Ebrahim Patel has informed Parliament.

In response to questions posed by Shadow Economic Development Minister Dr Michael Cardo of the Democratic Alliance (DA), Patel said he had been advised by the IDC of its participation in feasibility studies aimed at reducing electricity consumption in domestic processing of not only PGMs, but also ferrochrome.

Advertisement

He said that, in the case of PGMs, the breakthrough involved the complete elimination of smelting, as well as the upgrading of low-grade PGM concentrates.  

The PGM technology is said to be a “game changer” because of the benefits the platinum industry would derive from its adoption.

Advertisement

Test work has indicated a 20% cut in electricity consumption as well as the elimination of carbon dioxide emissions from the new environment-friendly technology that is also unaffected by the presence of chrome in PGM ores – the bane of the smelting route.

Regarding ferrochrome processing, the Minister told Cardo that the envisaged cut in ferrochrome production costs by 20% below the global average would be brought about by the use of waste gases to pre-heat chrome ore ahead of it being fed into furnaces.

Parliament was told that the IDC’s participation followed an internal study that identified high costs as a major reason for recent ferrochrome smelter closures.

In a video interview last month, IDC divisional executive: mining and metals industries Abel Malinga told Mining Weekly Online that the IDC was going all out to support technologies that enabled South Africa to beneficiate far more effectively.

In addition to PGMs and ferrochrome, he also disclosed the promotion of another low-energy technology, involving the use of fines to produce SupaScrap, a material earmarked to relieve the acute shortage of quality ferrous scrap metal.

Securing sufficient ferrous scrap metal of the correct quality to ensure the efficient and sustainable operation of electric arc furnaces has been challenging for some time.

Malinga explained that the new consistent and cheaper material was poised not only to solve the scrap scarcity problem, but also to lower the cost of domestic steelmaking.

The overall outcome of these initiatives, he explained, was to improve South Africa's competitiveness.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now