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    market news

    Platinum Australia Considers Partner for $170 Million Project

    Investing News Network
    Mar. 20, 2012 01:44PM PST
    Precious Metals

    Bloomberg 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.

    Click here to read the full Bloomberg report.

    market newsasx:plaaustraliachinacatalytic converters
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