Ivanhoe Mines Releases Positive Results of an Independent Definitive Feasibility Study

Ivanhoe Mines’ (TSX:IVN)(OTCQX:IVPAF) Executive Chairman Robert Friedland, Chief Executive Officer Lars-Eric Johansson and Platreef Project Managing Director Dr. Patricia Makhesha today welcomed the positive findings of an independent definitive feasibility study (DFS) of the planned initial four million tonnes per annum (Mtpa) mine and concentrator in the first phase of development of the company’s Platreef platinum, palladium, rhodium, gold, nickel and copper mine.
The Platreef Project, which contains the Flatreef Deposit, is a Tier One discovery by Ivanhoe Mines’ geologists on the Northern Limb of South Africa’s Bushveld Igneous Complex, the world’s premier platinum producing region.
Friedland commented:

“The completion of the definitive feasibility study for the first phase of production is another key milestone in Ivanhoe’s planned transformation of the Platreef Discovery into one of the pre-eminent South African producers of platinum-group metals.
Platreef is a massive, high-grade, long-life and Tier One deposit that will produce a suite of vital metals, many of which are essential to sustain our urbanizing planet. The nickel and copper by-products are essential in the electric car revolution and the platinum and palladium are equally vital for hydrogen fuel cell technology and catalytic converters to clean the air.”

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