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corporate profile

Impala Platinum Holdings Limited (Implats) is a fully integrated mining and metallurgical organisation, which mines, processes, refines and markets platinum group metals (PGMs) for global markets. The group produced 1.85 million ounces of platinum and 3.55 million ounces of PGMs in FY2005. This represents some 25% of annual global platinum supply, confirming our position as is one of the most significant players in this sector.

The group's operations on the Bushveld Complex in South Africa and the Great Dyke in Zimbabwe give it an attributable reserve and resource base of 215 million ounces of platinum. Implats also has offshore exploration projects in Australia, Brazil and Canada.

The company's mine to market production, together with its joint venture programmes, have been devised to ensure platinum production of 2.1 million ounces of platinum by 2007. There is potential for this to grow to 2.3 million ounces of platinum by 2010.

The platinum produced by our operations is used mainly in jewellery and in catalytic converters that remove noxious gases from automobile exhaust systems. The group also produces palladium, rhodium, iridium, ruthenium, copper, nickel, cobalt and ammonium sulphate; as well as gold and silver.

At 30 June 2005, we provided direct employment to approximately 31,000 people across our operations, which are among the most efficient and lowest-cost platinum producers in the world.

Implats' primary listing ("IMP") is on the JSE Limited with a secondary listing ("IPLA") on the London Stock Exchange. The company also has a sponsored level 1 American Depository Receipt (ADR) programme ("IMPUY") in the United States.

Impala Platinum Holdings Limited
Corporate Responsibility Report 2005