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Selous Metallurgical Complex

Processing • Mill/Concentrator • Smelter • Base Metal Refinery • Production

Processing

The processing facilities comprise a mill and concentrator, a smelter and converter, a base metal refinery and an analytical and control laboratory. The site layout allows for a future cost-effective expansion of capacity. The metallurgical operations are now referred to as the Selous Metallurgical Complex ("SMC") and combined with the Ngezi Platinum Mine form the Ngezi/SMC Project.

The flowsheet is comparable to South African platinum ore processing operations. The process entails two-stage milling and flotation, yielding a concentrate that is dried before smelting in a submerged arc furnace to produce a green matte containing sulphides and PGMs. The green matte then undergoes conversion to reduce iron and sulphur, to produce a granulated white matte.

The Ngezi/SMC Project does not utilise the base metal refinery ("BMR") which will remain on care and maintenance. White matte will be sold to Impala Refining Services Limited.