Platinum Group Metals (PGMs) Message Board

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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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To: Just G who wrote (373)	5/18/2000 2:00:00 PM
From: Ptaskmaster	Read Replies (2) of 529

Norilsk plans and projections - read between the lines.- "...Kotlyar ... said Norilsk was expanding its prospecting of platinum group metals. "'A number of new prospective deposits were identified. We [also] have two sites producing precious metals concentrate.... In future we plan to concentrate the production of all precious metal concentrates in Norilsk, where efficiency shall be improved through the introduction of new technologies,' he said. "'The freed capacities in the Kola Peninsula will be reprofiled for processing of secondary precious metals including electronic scrap from disassembled nuclear submarines and used catalysts from petrochemical and chemical plants and in future spent autocatalysts also.' "Kotlyar also said Norilsk was considering ... processing of some stored materials containing platinum group metals." From 'Norilsk sees high PGMs prices helping 2000 growth', full story from Reuters at Yahoo Finance biz.yahoo.com

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