https://newsletter-mw.creamermedia.com
Africa|Copper|Energy|Gold|Mining|Platinum|SECURITY|Products|Operations
Africa|Copper|Energy|Gold|Mining|Platinum|SECURITY|Products|Operations
africa|copper|energy|gold|mining|platinum|security|products|operations

ITOCHU announces capital investment into Japanese consortium

23rd March 2026

By: Sabrina Jardim

Senior Online Writer

     

Font size: - +

Tokyo-based ITOCHU Corporation has announced an undisclosed additional capital investment into ITC Platinum Development (IPTD) – a Japanese consortium established by ITOCHU, Japan Organization for Metals and Energy Security and others.

ITOCHU and IPTD combined hold a 10% interest in the Platreef mine, located in the northern limb of the Bushveld Igneous Complex in South Africa.

TSX-listed Ivanhoe Mines owns the majority interest in the Platreef mine, which produces platinum group metals, nickel, gold and copper.

ITOCHU says this significant and unique resource base enables long-term, safe and efficient large-scale mechanised mining operations.

The mine celebrated the start of its Phase 1 operations in November 1. The ramp-up of the Phase 1 concentrator to full capacity is under way while development works on the Phase 2 expansion are set for completion by the end of the fourth quarter of 2027.

ITOCHU says it holds the right to offtake products from the mine pro rata to its participation interest.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 
Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.05 0.566s - 123pq - 2rq
Subscribe Now