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Tag: PGM prices

Anglo American Platinum reports lower earnings amid weak PGM prices

Posted on February 19, 2024February 19, 2024

LONDON, UK: Anglo American Platinum, the world’s largest platinum producer, announced its annual results for 2023 on Monday, showing a sharp decline in earnings and profitability due to lower prices for platinum group metals (PGMs) and higher costs. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) dropped by 67% to R24 billion, compared…

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