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About the Incubator

A One-Stop Platinum innovation Shop

South Africa’s platinum mines produce 70%* of the world’s primary produced platinum, provide direct employment to some 136 000 people (or 26% of all mine employees) and are the second largest export revenue generator (after gold) for South Africa.The industry is currently under considerable pressure, with subdued growth resulting in stagnant employment opportunities. It is therefore imperative that we invest in developing innovative uses for PGMs to boost demand and create a robust local economy in downstream bene ciation of PGMs. The Platinum Incubator is ideally placed to promote active economic participation by a cross section of South Africans using PGMs as raw material in products that can be produced and sold locally and internationally, thereby supporting the strategic intent expressed by the Department of Minerals’ Bene ciation Strategy for the Minerals Industry of South Africa (2011) as well as the Department of Trade and Industry’s Industrial Policy Action Plan (IPAP).

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We’re committed to our mandate

To become a global training partner in platinum minerals beneficiation and a leading platinum innovation hub for individuals, entrepreneurs and small businesses.

To partner with government and industry to provide:

  • Expert tuition in the manufacturing of Platinum Group Metal  (PGM) jewellery.
  • Best-in-class jewellery design and manufacturing equipment
  • Controlled and efficient access to PGMs and precious stones.
  • PGM laboratory facilities for the evaluation, preparation and manufacture of PGM-based prototypes.
  • To collaborate with key stakeholders to create and support markets for manufactured goods.
  • To attract and assist a broad spectrum of South Africans to develop lucrative, self-sustaining businesses within the PGM bene ciation space.

OBJECTIVES

ADVOCACY

To create an environment conducive to the conceptualisation of PGM-related products in SA by: +Actively marketing the PGM value proposition to South Africans and encouraging them to co-create the future of the platinum industry. +Becoming a one-stop shop for Research & Development facilities; shared expertise; information; and assistance with regulatory requirements. +Developing a collaborative framework for vested stakeholders to augment and fast-track the utilisation of PGMs for the bene t of the South African economy

COMMERCIALISATION

To provide post-incubation services and infrastructure that will sustain enterprises within the PGM space and give them economic independence by: +Actively marketing the PGM value proposition to South Africans and encouraging them to co-create the future of the platinum industry. +Becoming a one-stop shop for Research & Development facilities; shared expertise; information; and assistance with regulatory requirements. +Developing a collaborative framework for vested stakeholders to augment and fast-track the utilisation of PGMs for the benefit of the South African economy

INCUBATION

To bridge the gap between academia and enterprise by: + Facilitating access to market-related intermediate PGM alloys and products. Leaf-icon Establishing an electronic market place to facilitate buyers and sellers of South African PGMs products. + Introducing a Quality Assurance certification programme for trusted producers of PGM products. + Creating network opportunities between incubated BBBEE SMMEs and enterprises who can use their products and services. + Providing advice and support on Crowd Funding.

"For The Love of Platinum"