The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.
Prices have climbed to a record high of $4,390 an ounce from $1,685 on Dec. 12, accelerating a rally that began in 2016, when iridium cost around $500 an ounce.