What is the Seda Platinum Incubator?
www.spi.org.za

In association with a number of key public and private players, the Platinum Trust of South Africa launched the country’s first platinum beneficiation incubator in Rustenburg, North West Province in December 2006.  Opened by the Premier of the North West Province, Mme Edna Molewa on behalf of Mrs Phumzile Mlambo-Ngcuka, Deputy State President of South Africa, the Seda Platinum Incubator will manufacture Djadji Platinum™ jewellery and will also promote small business access to platinum group metals.

The facility, in helping to address the socio-economic challenges facing South Africa, will also include a training centre, leveraging off the infrastructure and working capital of the facility, to ensure skills transfer to and upliftment of historically disadvantaged South Africans.

The first initiative of the incubator focuses on the design and manufacture of platinum jewellery. 

These initiatives will reside in the North West Province, the heart of South Africa’s platinum production.  The aim is for the province to become a hub of platinum-jewellery manufacture in South Africa and to develop small, medium and micro enterprises in the jewellery industry.

Why the North West Province?

The North West Province is the Platinum Province.  It is host to some of the world’s leading platinum miners, and has the largest known reserves of platinum in the world. However, Platinum is not only our legacy, it is also our future.

That is why the North West Province is now strategically involved in adding value to transforming our platinum mining legacy by developing a centre of jewellery manufacturing excellence.

This broad partnership of public and private sector interests has funded the Seda Platinum Incubator, aimed at developing jewellery manufacturing skills and job opportunities in the region. 

In this regard Djadji Platinum™ is centrally placed in the strategic initiative to “…translate the North West’s abundant riches into real economic benefits for the people of the province and bridge the gap between South Africa’s mining and manufacturing sectors more generally.”  *

*  (North West Premier, Edna Molewa, in her welcome address at the launch of the Seda Platinum Incubator – December 2006).