Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050. Speaking at a media conference at Investing in African Mining Indaba on Wednesday, Minerals Council CEO Roger Baxter said although 87% of the 253 t of platinum group metals (PGMs) produced last year was exported, the remaining 13% was sold to local fabricators, who produced 9% of the world’s platinum catalytic converters.
