(Reuters) - Eastern Platinum Ltd plans to revive and refurbish a smelter in South Africa with capacity of up to 600,000 ounces of platinum group metals (PGMs) per year, the firm said on Tuesday.
The facility would add needed smelting capacity in South Africa, the world's biggest producer of PGMs and where many new mines will begin producing in coming years, Eastern Platinum said in a statement.
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