The delay will not affect the metal-in-concentrate guidance, which remains between 3.9-million to 4.3-million PGM ounces
Platinum group metals miner Anglo American Platinum has revised its 2022 refined production guidance after detecting sub-standard materials for the rebuilding of its Polokwane smelter, which will set the project back two months.
“As a result, there will be a build-up in work-in-progress inventory in 2022 and a short-term timing impact to refined PGM production,” the company owned by Anglo American said on Thursday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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