Implats reports robust PGM demand, beneficial pricing

Despite elevated global geopolitical tensions, robust demand for platinum group metals (PGMs) has been accompanied by sustained beneficial pricing support in the three months ending March 31, Implats CEO Nico Muller reported on Friday, April 24. “Our third quarter production results reflect strong operating momentum at several key mining assets. Our processing assets delivered well to reduce excess inventory, despite the scheduled rebuild of our Number 4 furnace during the period.