Implats has delivered a strong start to FY2021

Impala Platinum Holdings, in its first quarter production report for the period 1 July 2020 to 30 September 2020, highlights that an 11% increase in total 6E concentrate volumes to 859 000 ounces, with an 11% gain in managed volumes to 623 000 ounces, a 23% increase in JV production to 142 000 ounces and a 6% decline in third-party receipts to 94 000 ounces, have been achieved.

The company also reported a 58% improvement in gross 6E refined and saleable production volumes to 870 000 ounces on improved availability at Group processing assets and the inclusion of contributions from Impala Canada.

“Implats has delivered a strong start to FY2021 with pleasing improvements in safety and a number of notable operational gains. This was achieved despite the continuing challenges presented by the Covid-19 pandemic and is testament to the operational resilience our team has worked so hard to develop and entrench,” commented Implats’ Chief Executive Officer, Nico Muller.

“Production losses attributable to the pandemic in the quarter were minimal and our health, safety and operating protocols have proved effective in mitigating the impact of the virus on our operations, employees, host communities and customers.

“PGM pricing remains robust and we continue to experience strong demand for our primary products. We are well-positioned to continue delivering exceptional value to all our stakeholders in the year ahead.”