Amplats lowers production guidance for next three years

Anglo American Platinum (Amplats) on Tuesday said its production guidance would change from January 1, 2019, as Sibanye-Stillwater’s platinum group metals material would no longer be bought as concentrate, but toll treated, with the refined metal returned to Sibanye. Resultantly, metal in concentrate production for 2019 will be lower than the estimated 2.45-million to 2.5-million ounces expected to be produced this year.