Northam sees minor metals boosting future revenue
The producer banks on metals vital to the hydrogen economy, which the International Energy Agency says offers ‘huge potential’ for Africa
17 August 2022 - 21:24
Northam Platinum is banking on the minor metals iridium and ruthenium, which are important to the growing hydrogen economy, to become “significant contributors” to its future revenue, the platinum group metal miner said on Wednesday.
The prices of these metals increased by 10.8% and 58.2% in dollar terms in Northam’s 2022 financial year to end-June, but it did not say how much they contribute to its revenue...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.