Northam Platinum holds up well amid PGM downturn
CEO Paul Dunne cites increased mechanisation to grow output and lower operational risk
17 January 2024 - 05:00
Northam Platinum appears to have navigated the choppy waters in the platinum group metals (PGMs) space reasonably well relative to its larger peers, which in some instances have resorted to potential job cuts to manage their cost base.
The mid-tier PGM producer said earlier this week that total equivalent refined metal production from its own operations rose 11% in the six months to end-December year on year. Total production, including purchased material, rose 20% over the same period...
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.