Implats will join Amplats in reporting bumper profits, as they cash in on higher PGM prices
Mining-related equipment is shown at an Impala platinum mine Picture: SUPPLIED
The PGMs, which are largely made up of platinum, palladium and rhodium, are used to clean the emissions of internal combustion engines, among other applications. Implats will join Anglo American Platinum in reporting bumper profits, as they cash in on higher PGMs prices. Amplats recently announced that it would pay shareholders a record R46.4bn in the form of an interim and special dividend.
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