Wesizwe Platinum – Production strategy for Bakubung concentrator plant

Johannesburg – The various announcements, the last of which was published on 30 March 2026 relates to the revised production strategy for the Bakubung Platinum Mine (BPM), which entails a single-stage ramp-up to 3.5 million tonnes per annum (Mtpa),the Company advises that the BPM concentrator plant has been placed on care and maintenance while the Company prioritises underground infrastructure development and completion of the Optimization Study referred to in the March Announcement.

The decision aligns processing activities with the timing of underground stoping and the availability of sufficient sustainable ore feed. Appropriate maintenance and preservation activities will continue during this period to safeguard the plant and associated infrastructure.

The timing of the plant’s recommissioning will be informed by the progress of underground development and the outcome of the Optimization Study.

The Company will continue to keep stakeholders informed of all material developments.