Impala Platinum Holdings Limited · Illovo, Gauteng South Africa ·(Pink Sheets: IMPUY)(London: IPLA)

Impala Platinum (Implats) has swiftly become the world's second-largest platinum producer (behind Anglo Platinum). Implats produces 2 million ounces of platinum annually from its mines in South Africa (the Bushveld Complex) and Zimbabwe (the Great Dyke). The company also produces palladium, rhodium, and ruthenium (all platinum group metals) as well as nickel and other metals. The bulk of Implats' platinum is used in automobiles (to make catalytic converters) and jewelry; it is also sold to the chemical, electronics, glass, and petroleum industries. North America and Asia account for most of the company's sales. Implats has exploration projects in China and elsewhere in Southern Africa. To read the full description, subscribe now.