Elemental Holding is finalising the first stage of its project in Zawiercie, namely the construction of a platinum recycling plant. The entire three-stage investment, for which the company is looking for strategic partners, will cost PLN 3 billion (EUR 684.9 million). The investment is progressing according to plan, commissioning of individual process lines is underway, and the company wants to integrate all processes in the second quarter.

According to the CEO, the full implementation and commissioning process will take three to four quarters, so the company will see the full effects in 2025. For each stage, the company selects a technology partner. In the case of platinum metals, this is Mitsubishi.

The whole project in Zawiercie is an investment of about PLN 3 billion and it is spread over 3-4 years.