Refined platinum production numbers for each company can be found
beside the company’s name.
Norilsk Nickel – 2,731,000 ozs
MMC Norilsk Nickel (“Norilsk”) is the world’s largest producer of nickel (accounting for 17
percent of global production) and palladium (41 percent), and a top ten producer of copper.
The company extracts precious and platinum group metals as by-products from its mines on the
Taimyr and Kola Peninsulas (both in Russia) as well as from mines in Botswana and South Africa.
Norilsk, Russia’s largest mining company, also extracts and refines cobalt, silver, gold, tellurium,
and selenium as by-products.
Anglo Platinum – 1,395,000 ozs
The assets of Anglo American Platinum Limited (Amplats) consist of 11 managed mines, as well
as a number of joint-venture mines and associated mines across South Africa and in Zimbabwe.
Most of the ore from these mines are processed at one of Amplats’ 14 own concentrators
before being smelted at one of the company’s three refineries in South Africa. Although total
refined palladium production fell from 1.43 million in 2011 ounces to 1.395 million ounces in
2012, Amplats remained the world’s second largest producer of the metal.
Impala Platinum – 1,020,000 ozs
Impala Platinum’s (Implats) operations are focused around the Bushveld Complex in South
Africa and the Great Dyke in Zimbabwe. The company’s primary operational unit is on the
western limb of the Complex near Rustenburg. Implats also owns a 73 percent stake in Marula
on the eastern limb. In Zimbabwe, the company operates Zimplats and has an interest in
Impala Refining Services (IRS) smelts and refines the metal from the company’s own ore as well
as material purchased from third-party companies.
Lonmin PLC – 331,000 ozs
Lonmin was initially incorporated as the London and Rhodesian Mining and Land Company Ltd.
(Lonrho) in 1909. The company’s primary operations – the Marikana mine – is located on the
western limb of the Bushveld complex. Ore extracted by Lonmin is sent to Lonmin’s process
division where base metals, including copper and nickel, are extracted before it is refined to
metal along with other platinum group metals, palladium, rhodium, ruthenium, and iridium.
Stillwater Mining – 258,000 ozs
Stillwater Mining Company is one of only two primary palladium producers in the world. The
company’s main assets are located along the 28-mile-long J-M Reef ore body in Montana, which
consists primarily of palladium, platinum and a minor amount of rhodium. Stillwater Mining
Company operates two underground mines – East Boulder and Stillwater – along the J-M Reef.
Concentrates from the mine sites, along with crushed catalyst material for recycling, are
processed at the company’s smelter in Columbus, Montana.
PMVC Fund is one of the world’s leading innovators of exchange-traded products (ETPs), providing specialist investment solutions across multiple asset classes.
Following the launch of the first Gold ETF in 2003, PMVC Fund were soon to launch their own Gold ETF, which was primarily traded by large corporate clients.
The success of the Gold ETF’s allowed PMVC to expand their range of investments to cover other precious metals, including Palladium.
Market fluctuations in Gold, Silver and other precious metals, whose value is at least in part directly related to fashion trends, can be difficult to predict with any level of certainty.
However, Palladium’s value is industry driven, predominantly as an essential component in catalytic converters.
The projected increase in demand for cars, both in China and India, coupled with a limited supply of Palladium, has created a steady rise in the value of the commodity over the past few years. Our expert analysts are able to predict with a reasonable level of accuracy, based on all the information available that this rise will continue at an accelerated rate over the forthcoming years.
It was on this basis that PMVC shifted their focus in order to concentrate on developing solid investment opportunities within the Palladium marketplace.
Based on this shift PMVC have subsequently become market leaders in the trading and investment of Palladium as a commodity, and bought to the market one of the strongest asset-backed Palladium bonds currently available, with a fixed minimum return of 8% per annum.
PMVC are now working with a few, handpicked brokers to offer this limited availability opportunity to a select few clients.
4 Cube tower
This release was published on openPR.