Implats expects full-year profit to double due to higher metals prices

United States News News

Implats expects full-year profit to double due to higher metals prices
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exxaro declares record interim dividend as it cashes in on higher iron ore pricesThe group’s interim payout to external shareholders beats the ordinary final dividend for its 2020 year, which was also a record
Read more »

Live Easy looks to double its asset base in three to five yearsThe company focuses on ‘impact’ housing and has seen its residential assets hold up amid the pandemic
Read more »

The implications of democratised investing - The Mail & GuardianThe implications of democratised investing - The Mail & GuardianSPONSORED: Huawei Gone are the days when investing was for the privileged few. Previously inaccessible financial markets and investment options are attainable by just about anyone thanks to fintech and the pioneering individuals behind them.
Read more »

Watch! Cato Manor’s praying dogA dog full of grace
Read more »

Market data — August 16 2021Market data including bonds and fuel prices
Read more »

New Volkswagen Tiguan joins the higher classDigitalisation mixes with wireless connectivity for a more premium experience
Read more »



Render Time: 2025-03-24 16:59:55