Impala Platinum said on Thursday that it had to defer the refining of 38,000 ounces of platinum group metals mined at its SA operations because of so-called load-curtailment.
Implats CEO Nico Muller said the macroeconomic and operating environment was “typified by high inflation and intensified utility-level power constraints in SA”.“The SA processing assets were somewhat constrained by the timing of scheduled maintenance and the increased severity and frequency of load curtailment.
Headline earnings and headline earnings per share varied only slightly from the previous year at R14.0bn and R16.54 respectively.
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