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Platinum Australia Considers Partner for $170 Million Project
Mar. 20, 2012 01:44PM PST
Precious Metals InvestingBloomberg reported Platinum Australia (ASX:PLA)is considering a Chinese partner for its new $170 million project.
Bloomberg reported Platinum Australia (ASX:PLA)is considering a Chinese partner for its new $170 million project.
As quoted in the market news:
The Panton mine will be able to supply customers in Japan and China, Managing Director John Lewins said in an interview in Hong Kong yesterday. China, the largest consumer of platinum, barely produces any of the metal used in everything from jewelry to automobile catalytic converters, he said.