- Impala Platinum , a leading producer of platinum group metals , reported today that for the year ended 30 June 2023 , its 6E PGM in concentrate production increased by 2% to 3.25 million ounces from 3.19 million ounces in FY22.
The company’s basic earnings declined by 84.7% to R4.9 billion in FY23 from R32.0 billion in FY22, while headline earnings of R18.8 billion were 41.3% lower compared to FY22. Commenting on the PGM market, Implats said that its forecasts indicate “fundamental” deficits for each of the PGMs in 2023.
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