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Amplats shares plummet on Rustenburg shutdown, this is what it means for the PGM market

PUBLISHED: Fri, 06 Mar 2020 15:04:23 GMT

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Anglo American Platinum’s share price plummeted after the company cut production forecasts due the closure of its key processing plant in South Africa following an explosion. The world’s second largest producer of platinum group metals says it will not be able to honour customer contracts following its Rustenburg shutdown and has declared a force majeure. René Hochreiter, Mining Analyst at Noah Capital Markets.


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