Russia could change the balance of power on the global platinum market thanks to its ambitious projects aimed at developing mines and building processing plants in Zimbabwe, the Oil Price news site reported.Russian companies are currently building a platinum complex estimated to cost $3 billion.

The work is going according to schedule and the project, made public in September 2014, is expected to enter its second phase in the spring of 2016. The speed and scope of cooperation are said to have major implications for global platinum market. FULL REPORT