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-0.0061494502764147 -0.0061494502764147 -0.0061494502764147 -0.0061494502764147 6.21156593577172E-05 -0.0061494502764147 0.00627368159513013 0.00627368159513013
Stock impact report

Platinum Group Metals Ltd. and Ajlan & Bros Company for Mining Enter Memorandum of Understanding with the Ministry of Investment of Saudi Arabia as Part of the Global Supply Chain Resilien...

Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG) 
American: PLG) (" Platinum Group " or the " Company ") reports that a memorandum of understanding (" MOU ") has been executed between the Company, Ajlan & Bros Company for Mining, a subsidiary of Ajlan & Bros Holding (" Ajlan "), and the Ministry of Investment of Saudi Arabia (" MISA ") as a part of the Global Supply Chain Resilience Initiative (" GSCRI "), for the setup of a proposed platinum group metals smelter (" PGM Smelter ") and base metal refinery (" BMR ") to be located in Saudi Arabia. The Company's Vice President, Corporate Development, Kris Begic, executed the MOU on behalf of the Company at a signing ceremony held in Riyadh on November 26, 2024 during the 28 th World Investment Conference. According to the terms of the MOU, MISA will offer strategic guidance and study potential financial support to the proposed PGM Smelter and BMR to be located in Saudi Arabia and the Waterberg Project located in South Africa. The establishment of a PGM Smelter and BMR in Saudi Arabia a Show less Read more
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