Impala Platinum Holdings Limited � Implats � is in the business of mining, refining and marketing platinum group metals (PGM), particularly platinum, as well as nickel, copper and cobalt. It is also involved in the secondary sourcing of platinum group metals where the company's core refining competencies offer a competitive advantage.
A leading global producer of platinum South Africa, the world's largest producer of platinum, accounts for 4.9 million ounces (more than 70%) of total world supply. Implats currently produces around 1.9 million ounces of platinum (or 29% of global production). Production will increase to 2 million ounces of platinum by 2006, securing Implats� role as a leading producer into the future.