ZIMBABWE is expected to finalise its platinum beneficiation framework this year, ahead of the introduction of penalties designed to encourage local processing of the mineral.
Government policy at the moment allows platinum group metals (PGMs) producers to export PGMs in concentrates or mate. However, from January 1, 2022, a new penalty framework which will work on a sliding scale depending on level of beneficiation will come into effect.
“Currently, platinum producers are at different levels of beneficiation. However, the platinum producers and the government, through the ministry of Mines and Mining Development are … working on an optimal beneficiation framework that accommodates industry specific situ
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