Anglo American boss Duncan Wanblad has made the case for the group’s platinum business, which it is in the process of demerging as part of the simplification of its portfolio, saying the hype about battery electric vehicles (BEVs) will die down.

Wanblad, in a virtual address to the Junior Mining Indaba held in Johannesburg on Thursday, said Anglo American Platinum (Amplats) will thrive as a stand-alone company, highlighting the prospects of the Mogalakwena mine, in the platinum group metals (PGMs) rich bushveld complex...

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