Platinum Mile is a tailings retreatment facility located on the Rustenburg lease area adjacent to our Kroondal operations. The facility recovers PGMs from our Rustenburg operations.
Our 91.7% interest in the facility was acquired in April 2016 through the purchase of Aquarius Platinum for R4.3 billion (US$ 292 million).
In 2021, Platinum Mile increased the volumes recovered to 52,000 4E PGM oz at a reduced all-in sustaining cost of R9,486/oz or US$641/oz.