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Hebei Zhongbo Platinum

Potential change in Hebei Zhongbo ownership could end Eastplats acquisition

Hebei Zhongbo Platinum Co.’s (HZP) acquisition of Eastern Platinum’s (Eastplats) South African PGM assets could possibly not proceed as first announced earlier this year. Another Chinese entity, Beijing Hehe, has claimed its intention to become...

Eastern Platinum extends asset sale closing date

Eastern Platinum (Eastplats) has extended the closing date for the sale of its South African platinum assets to Hebei Zhongbo Platinum from 7 August 2015 to 31 December 2015 as it continues to restructure...

Eastplats & Hebei Zhongbo to conclude Crocodile River mine acquisition first

Eastern Platinum has reached an agreement with Hebei Zhongbo Platinum Co. (HZP) which sees it acquire its South African assets in two phases. As agreed, the parties would proceed forthwith to complete the purchase and...

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