Implats reports hits from load-shedding and community unrest
Refined output of the six PGMs Implats produces fell 7% in the quarter ending March
30 April 2021 - 13:08
Impala Platinum (Implats), the third-largest source of SA platinum group metals (PGMs), says load-shedding and community protests weighed on output in its third quarter to end-March, though it did increase sales by drawing down inventory.
Load-shedding, as well as community protests, worsened by SA’s pandemic-hit economy, are expected to remain threats to the miner in 2021, though it is still upbeat about elevated precious metal prices...
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