Low metal prices push Implats to delay projects and cut capex
29 February 2024 - 12:33
UPDATED 29 February 2024 - 17:56
Platinum group metals (PGM) producer Impala Platinum (Implats) has decided to delay several projects as a result of “capital and cost interventions” in response to low metal prices and a decline in earnings for the six months to end-December.
While fundamental demand for its primary products remained robust, the persistence of lower PGM prices required a robust strategic response to ensure the long-term sustainability of the group, CEO Nico Muller said...
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