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 resilience initiative for a proposed pgm smelter and base metal refinery in saudi arabia

Vancouver, british columbia and johannesburg, south africa--(newsfile corp. - november 26, 2024) - platinum group metals ltd. (tsx: ptm) (nyse 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.
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