Sustainable development
2014
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Sustainable development
2014
Menu
ZIMBABWE
| Mimosa |
| Zimplats |
We produce around 25% of the world's supply of platinum with a workforce of approximately 56 000, including 16 000 contractors. In the financial year ended 30 June 2014, the Group produced 2.370 million ounces of PGMs (2013: 3.233 million ounces), which included 1.178 million ounces of platinum (2013: 1.582). Our markets are in Japan, China, the US and Europe. Production this year was significantly impacted by the five-month strike that took place across most of the South African platinum mines from 23 January to 24 June 2014.
PGMs are primarily platinum and its associated by-products palladium, rhodium, ruthenium and iridium, which usually occur in association with nickel and copper. While PGMs are a relatively rare commodity (only about 500 tonnes are produced annually, of which less than 200 tonnes are platinum), they are playing a progressively important role in everyday life, whether it is in goods we use daily, or in the processes required to produce these goods, as well as in auto-catalytic converters for emission control.