Bravura to spend over $50 mln to explore for platinum in Zimbabwe

Published 31/05/2019, 14:35
Bravura to spend over $50 mln to explore for platinum in Zimbabwe

HARARE, May 31 (Reuters) - Bravura Consortium will spend
more than $50 million to explore for and mine platinum in
Zimbabwe, the Southern African country's mines minister said on
Friday, after both parties signed the agreement.
Zimbabwe is seeking to quickly exploit its reserves of
platinum, which is in growing demand for use in catalytic
converters to limit emissions as car manufacturers shift to
making electric cars powered by lithium batteries.

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