Annual Report 2004
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Overview

  Accountability   Review of the Year   Financials & Shareholders' Information  

Corporate profile


Impala Platinum Holdings Limited (Implats) produced 1.96 Moz of platinum and 3.73 Moz of platinum group metals (PGMs) in FY2004, making it one of the most significant PGM producers globally. 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 247 Moz of platinum. Implats also has offshore exploration projects in Australia, Brazil and the United States.

The company's cost-efficient expansion and joint venture programmes have been devised to ensure platinum production of 2 Moz of platinum by 2006 (3.8 Moz PGMs). There is potential for this to grow to 2.3 Moz of platinum (4.5 Moz PGMs) by 2008.

Implats employs approximately 31 600 people across its operations and is one of the most efficient and lowest cost platinum producers in the world.

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

Corporate Structure

Corporate Structure
% contribution to sales [pie chart] Distribution of employees [pie chart]

Vision


To be the world's best platinum producing company, delivering superior returns to shareholders relative to our peers

Values

The Implats values are:

  • Safeguarding the health and safety of our employees, and caring for the environment in which we operate
  • Acting with integrity and openness in all that we do and fostering a workplace in which honest and open communication thrives
  • Being a responsible employer, developing people to the best of their abilities and fostering a culture of mutual respect amongst employees
  • Promoting and rewarding teamwork, innovation, continuous improvement and the application of best practice
  • Being accountable and responsible for our actions as a company and as individuals
  • Continuously to improve our performance and create sustainable value
  • Being a good corporate citizen to the communities in which we live and work

Location of operations, strategic interests and exploration projects

Location of operations, strategic interests and exploration projects [map]
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Impala Platinum Holdings Limited
Annual Report 2004