Impala Platinum Sees 1st Half Ebitda Broadly Unchanged on Year

By Ian Walker

Impala Platinum Holdings Ltd. said Friday that it expects to report earnings before interest, taxes, depreciation and amortization for the half year ended Dec. 31 in line with the comparable period the prior year of 24.5 billion South African Rand ($1.43 billion).

The South African platinum miner said concentrate production was unchanged compared with the half year ended Dec. 31, 2021 at 1.62 million ounces, while production from managed operations was 2% higher at 1.18 million ounces. Group refined production fell 9% to 1.48 million ounces.

Group capital expenditure is expected to be around ZAR5.0 billion for the period compared with ZAR3.6 billion in the comparable period.

Impala plans to report earnings for the half year ended Dec. 31 on March 2.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

February 03, 2023 01:39 ET (06:39 GMT)

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