Amplats to restart refined metal output earlier than expected
The PGM producer has completed the R150m repair to a broken plant early, and can restart refined output on May 12
The global platinum group metals (PGMs) market is about to receive a renewed flow of metal from the world’s second-largest supplier as it brings its stalled refinery circuit back into production sooner than expected.
Anglo American Platinum (Amplats), which is 80% owned by diversified resources miner Anglo American, declared force majeure on supply contracts in March after its two Anglo converter plants (ACP) broke in quick succession. Amplats used one of the converters, with the other on standby in case there was a problem with the first. ..