Robert Friedland@robert_ivanhoe
@IvanhoeMines_ Platreef Mine’s #nickel sulphide resource is one of the largest nickel sulphide systems in the world at ~5.5 million tonnes of contained nickel. There is more contained nickel in sulphide at Platreef than there is remaining in Canada’s entire Sudbury Basin. That is in addition to ~150 million ounces of platinum, palladium, rhodium and gold and ~2.8 million tonnes of contained copper in Mineral Resources.
The GODZILLA Platreef Mine is ramping up to be a significant producer of platinum, palladium, nickel, rhodium, gold and copper. The Phase 2 expansion of the mine is underway and will be complete by the end of next year.
We have already started work on the Platreef Mine’s Phase 3 expansion, which will take annualized production to over 1 million ounces of platinum, palladium, rhodium and gold, plus ~40,000 tonnes of nickel and copper. The Platreef Mine will be world’s largest mine of its kind for the next 100 years.