ANGLO American Platinum (Amplats)’s Zimbabwean unit, Unki Mine, was the only key platinum group metals (PGM) production division to register meaningful growth in primary mined volumes in 2022.
In its annual report for the year ended December 31, 2022, Amplats said the mined supply of platinum, palladium and rhodium declined in 2022, while platinum and rhodium decreased by 10 percent and nine percent respectively.
“South African output was affected by several factors including increased electricity load-shedding. North American production came under pressure due to flooding, while Russian supplies, despite the impact of Russia’s invasion of Ukraine, were largely steady, providing support to palladium volumes, which overall eased by 6 percent on the prior year,” the group said.
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