The Apollo Plant

The Apollo Plant, the second of the new plants, will be designed and built as an independent integrated PGM and chrome plant that will process UG1 and MG run of mine. It will be designed in two phases, the first of which is expected to treat 50 ktpm and the second phase expected to double capacity. The feasibility study is being conducted and test work and resource estimation are in progress. Plant construction would take approximately 12 months, with commissioning planned for March 2020. The Apollo Plant is expected to produce 6 kozpa of PGMs and 180 ktpa of chrome concentrates. The capital cost is estimated at ZAR300 million (~US$50 million) and operating costs, including mining, at ZAR225 (~US$18.8) per tonne.

The Apollo Plant is subject to feasibility studies and, if approved, will be funded through a combination of cash flows and drawdown from debt facilities.

The Apollo Plant