Russia’s Nornickel to build platinum group metals refinery in Bahrain

 

Russian palladium and platinum producer Nornickel is planning to develop a platinum group metals (PGMs) refinery in Bahrain, reported Reuters, citing a source familiar with the matter.

Details have not been disclosed regarding the project’s timeline or the refinery’s production capacity.

The company accounts for 41% of global palladium mine output and 12% of platinum.

The news of the planned refinery comes as King Hamad bin Isa Al Khalifa of Bahrain met with Russian President Vladimir Putin in the Kremlin.

Following the discussion, Russian Deputy Prime Minister Alexander Novak revealed on state television that Nornickel intends to build “a platinum production plant” in Bahrain. 

https://www.mining-technology.com/news/nornickel-platinum-refinery-bahrain/