Surging PGM prices drive Amplats earnings
Anglo American Platinum is the second big platinum group metal producer to advise investors to expect strong growth in annual profits
08 February 2021 - 10:28
UPDATED 08 February 2021 - 16:24
Anglo American Platinum (Amplats), the world’s second-largest source of platinum group metals (PGMs), expects annual earnings to shoot up by more than half due to higher prices.
Amplats, which is 80% owned by Anglo American, is the second big PGM company to flag a steep jump in profits for 2020, despite the Covid-19 pandemic disrupting operations in SA...
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