Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange's Alternative Investment Market (AIM: SLP).
Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).
A pioneer in chrome tailings reprocessing, Sylvania treats a combination of current and historical chrome tailings at our host mine sites. Globally, we are the largest producer of PGMs from chrome tailings retreatment, with an annual production capacity of around 67,000 – 70,000 4E PGM ounces, depending on capacity and supply from the host mine.
Sylvania was not the first to treat mineral tailings dams in the mining industry; we were, however, the first the first company to build a commercial chrome tailings retreatment plant to beneficiate both PGMs and chrome from historical tailings. Our first operation, Millsell, was commissioned in 2007. Based on the relatively low risk of operations from a technological standpoint and using chemicals much less hazardous than those used in the reprocessing of gold (which uses cyanide, for example), we were able to replicate our process and success to grow our operations to our current six operating plants.
Besides beneficiating both chrome and PGM minerals, which were historically uneconomical to recover, our operations have the further benefit of cleaning up smaller older tailings facilities (which were often built to less stringent environmental standards) and re-depositing our new tailings in a more efficient and responsible way. The new tailings facilities we have built in the last decade comply with higher regulatory standards and have a significantly lower risk of pollution than the older historic dams. In addition, they consolidate many smaller facilities, often with a much larger footprint, into bigger, more modern facilities that reduce the environmental footprint.
The PGM metals we produce have a twice-over positive impact on the environment and are crucial for the future: they are key in terms of the reduction of emissions in terms of standards of the alternative renewable energy sector, and serve as a primary component of autocatalytic converters which reduce contaminants in automotive gases.
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