Implats’s refined PGM output drops due in part to load-shedding
Concentrate production was unchanged at 1.616-million ounces and the miner closed the half year with 140,000oz of excess inventory
03 February 2023 - 17:34
Impala Platinum (Implats) said on Friday that output of its refined platinum group metals (PGMs) fell 9% in the six months to end-December, as scheduled load-shedding limited smelting capacity.
Implats, which is the world’s third-biggest producer of PGMs behind Anglo American Platinum (Amplats) and Sibanye-Stillwater respectively, said the estimated effect of the reduction in the use of electricity on concentrate and refined production was 9,000oz and 38,000oz, respectively...
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