Impala Platinum Holdings Limited (JSE:IMP)
Impala Platinum Holdings Limited (JSE:IMP), 'Implats' is a leading producer of platinum group metals (PGMs) structured around six mining operations and Impala Refining Services, a toll refining business. The company's operations are located on the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe – the two most significant PGM-bearing ore bodies in the world – and the Canadian Shield, an igneous domain for PGMs.
Implats markets and sells its products in South Africa, Japan, China, the US and Europe. The metals the company produces are the key to making many industrial, medical, and electronic items, and they contribute to a cleaner, greener world.
Impaa, Implats’ 96%-owned primary operational unit, has operations on the western limb of the world-renowned Bushveld Complex near Rustenburg in South Africa. This operation comprises a 10-shaft mining complex and concentrating and smelting plants. The base and precious metal refineries are in Springs, east of Johannesburg.
Zimplats is 87% owned by Implats and it is situated on the Zimbabwean Great Dyke south-west of Harare. Zimplats operates four underground mines and a concentrator at Ngezi. The Selous Metallurgical Complex (SMC), located 77 kilometres north of the underground operations, comprises a concentrator and a smelter.
Marula is 73% owned by Implats and is one of the first operations to have been developed on the relatively under-exploited eastern limb of the Bushveld Complex in South Africa. Marula is in the Limpopo province, some 50 kilometres north west of Burgersfort.
Mimosa is jointly held by Implats and Sibanye. It is located on the Wedza Geological Complex on the Zimbabwean Great Dyke, 150 kilometres east of Bulawayo. Mimosa comprises a shallow underground mine, accessed by a decline shaft, and a concentrator.
Two Rivers is a joint venture between African Rainbow Minerals (54%) and Implats (46%). The operation is on the southern part of the eastern limb of the Bushveld Igneous Complex, 35 kilometres south-west of Burgersfort in Mpumalanga, South Africa.
Impala Refining Services (IRS) was created in July 1998 as a dedicated vehicle to house the toll refining and metal concentrate purchases built up by Implats. IRS is situated in Springs, 35 kilometres east of Johannesburg. IRS provides smelting and refining services through offtake agreements with Group companies (except Impala) and third parties.
Impala Canada, 100% owned by Implats, is the world’s only pure play palladium producer. Impala Canada owns and operates the Lac des Iles Mine northwest of Thunder Bay, Ontario, Canada and has ownership in two Canadian exploration properties, the Sunday Lake Project and the Shebandowan Joint Venture. Lac des Iles, in operation since 1993, features a unique ore body, modern infrastructure, advanced new underground technologies and a world-class exploration portfolio that features several promising greenfield opportunities. The operation expands Implats’ footprint onto the Canadian Shield, a prominent layered igneous complex domain for PGMs.