Impala Platinum Holdings Limited (IMPLATS) is one of the world’s leading platinum and platinum group metals (PGM) producers. IMPLATS is a listed company on the Johannesburg Stock Exchange (JSE), as well as the Frankfurt Stock Exchange. The company also have a level 1 depository receipt programme in the United States. Impala Platinum started out as a subsidiary of Bishopsgate Platinum until Bishopsgate changed its name to Impala Platinum Holdings Ltd in 1978.
The company started operations close to Rustenburg where it mined the Merensky Reef of the Bushveld Igneous Complex, which is one of the world’s largest deposits of platinum and PGMs. In the 1980’s IMPLATS expanded its mining operations to other parts of the Bushveld Complex and in the 1990’s the company became the world’s second largest platinum producer. Currently IMPLATS has five mines in operation with a total of 20 underground shafts. The company has expanded from the Bushveld Complex to the Great Dyke in Zimbabwe, which is another world-class platinum and PGM deposit.
Impala Shares Growth Driver
IMPLATS did not simply become the second largest producer of PGMs and platinum in the world because it is conveniently located close to the Bushveld Complex and the Great Dyke. Creating value from mining takes a great deal of vision, planning and hours of hard work. The company has teams of dedicated workers to keep the gears turning. They believe that by empowering their employees through development programmes they will continue to see growth. IMPLATS employs roughly 52,000 people over all of their operations and they see these employees as valuable assets that need to well cared for. The company strives to become the world leader in platinum production through safely mining, processing, refining and distributing their product in a sustainable fashion.
The company keeps abreast of mining legislation to ensure that they will retain the mining rights on their current reserves, which add up to a bit more than 191 million platinum ounces. On top of that, IMPLATS ensures that their mining operations are safe and secure. Looking to the future, the company diligently upgrades mining and refining methods to keep up with advances in technology. IMPLATS keeps on creating value through strategically planning how to manage their funds and assets.
Since 2007, IMPLATS have invested R4.1billion in the communities around their mining operations, through upgrading housing and infrastructure. The company is dedicated to mining sustainably, to create wealth for future generations.
Impala Group Investor Tip
Platinum is mainly used in catalytic converters for the motor industry, but it also has uses in the chemical industry and on the jewellery market. Some of the other major PGM elements such as palladium and rhodium are also used in catalytic converters, so if you prefer not to use platinum, IMPLATS can supply you with substitution elements as well. Even though there is a general movement to try to get away from using platinum as catalytic converter in the motor vehicle industry, there is still no real new solution. So for the foreseeable future, platinum will stay in high demand.
How to buy Impala Group Holdings Shares
Impala Holdings : How to buy Impala Holdings Shares Online
We have made it simple to buy JSE listed firm shares online. The easiest way to buy Impalashares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Impala and assist you with the setup and management of your stock portfolio account.
Here are the steps you must follow to Buy / Purchase Impala Holdings shares with utmost confidence:
Start by Filling in the BUY THIS SHARE form.
Insert your name, email, telephone number and monthly remuneration.
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Click the “ INVEST NOW” button
Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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