Overview
- The ceremony included the first delivery of platinum-group and base-metal concentrates from the new concentrator plant.
- Ivanhoe says it has invested US$1.2 billion in the first two phases, with Phase 2 targeted for late 2027 and a third expansion pending approval and financing.
- Official statements highlight a BBBEE structure with a 20% community trust and a 3% employee trust, and about 85% of the workforce drawn from surrounding communities.
- The operation features a 5 megawatt on-site solar farm and recognized the opening of the Masodi Wastewater Treatment Works to bolster water stewardship.
- Local residents picketed the event, alleging insufficient jobs and community benefits despite the project’s employment of more than 2,000 people.