Ivanplats to Produce Platinum at a Negative Cost

Reuters reported  Ivanplats expects to produce platinum at negative cost at its giant Platreef complex in South Africa.

As quoted in the market news:

Privately owned Ivanplats, whose other major projects include the Kamoa copper and Kipushi zinc operations in the Democratic Republic of Congo, said it would be the lowest cost producer of platinum in the world at Platreef, thanks to the discovery of the high-grade Flatreef ore body in 2010.

Click here to read the full Reuters report.