Impala Platinum posts flat half-year refined output

Reuters | January 30, 2026 | 7:26 am Markets Africa Palladium Platinum

Impala Platinum reports 9% drop in half-year profit

Impala Platinum’s Rustenburg operations. Credit: Impala Platinum

Impala Platinum said on Friday its refined platinum group metal (PGM) output was stable at 1.78 million ounces during the first half of its financial year, but revenue rose 40%, helped by firmer metal prices.

Prices of major PGMs have rebounded since the second half of 2025, driving Impala’s sales revenue to 33,250 rand ($2,092.08) per ounce during the six months to December 2025, from 23,831 rand an ounce in the prior period.

Impala said in a production update it remains on track to meet its annual production target of 3.4-3.6 million ounces.

The Johannesburg-based miner will publish its half-year financial results on March 5.

($1 = 15.8933 rand)

(By Nelson Banya; Editing by Rashmi Aich)