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Motsepe’s ARM Bets Nearly $1 Billion on Platinum and Nickel Rebound

Rio Times

BusinessRio Times·Jul 23, 2026·1 min read

Motsepe’s ARM Bets Nearly $1 Billion on Platinum and Nickel Rebound

Africa · Southern Key Facts —The spend. ARM approved R15.2 billion (US$927 million) for the Bokoni platinum mine and R753 million (US$46 million) to restart Nkomati nickel. —The backer. ARM is chaired by Patrice Motsepe, South Africa’s…

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