Sedibelo has over a 100-million-ounce resource base making it one of the world’s largest PGM deposits. It has the best safety record in the industry and promotes many community projects and initiatives, working closely with the communities nearby, many of whom form part of the wider team. The project also benefits from being open-pit, with shallow mining capabilities, as compared to most of the industry. These are all consequences of strong management, industry leading procedures and the nature of the shallow open-pit operation.
For more information on Sedibelo Platinum Mines, please visit: www.sedibeloplatinum.com
In November 2019, the Pallinghurst Group, and leading global commodities trader, Traxys, today announced the launch of the Pallinghurst-Traxys Battery Materials joint venture.
Through the Joint Venture, Pallinghurst and Traxys will invest in and establish controlling positions in projects to develop and supply responsibly and ethically sourced materials to the growing rechargeable battery and energy storage industry.
The Joint Venture expects to benefit from increased environmental awareness and commitment to decarbonisation from consumers and regulators, which has resulted in growing adoption of electric vehicles and global demand for rechargeable batteries. These trends are underpinned by strong financial support from many governments and changes in consumer preferences. Pallinghurst-Traxys also expects to benefit from an increase in installed energy storage capacities within electric grids.