Lonmin Plc · London United Kingdom ·(London: LMI)
Company Description
Phone: +44-20-7201-6000
Fax: +44-20-7201-6100
Rankings
- FTSE 100
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Lonmin goes platinum without selling a single CD. The company is the world's #3 platinum producer (after Anglo Platinum and Impala Platinum ). Uses of platinum include catalytic converters for vehicles, and jewelry. Its Lonmin Platinum, or Lonplats, unit mines platinum group metals (PGMs, including platinum, palladium, and rhodium) through two South African companies: Western Platinum and Eastern Platinum. The company produces about 1.4 million ounces of PGM annually, of which about half is platinum. In addition to its Australian PGM investments, Lonmin has exploration activities in North America, South Africa, and Tanzania. To read the full description, subscribe now.
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Key Lonmin Plc Financials
| Company Type | Public - London: LMI Headquarters |
| Fiscal Year-End | September |
| 2008 Sales (mil.) | $2,278.3 |
| 2007 Employees | 24,122 |
Lonmin Plc Executives
11 executives listed for Lonmin Plc's London, location.
| Title | Name & Bio | Contact |
| Chairman | J. Roger Phillimore | Network |
| CEO and Director | Ian Farmer | Network |
| CFO and Director | Alan Ferguson | Network |
Competition
Competitive Landscape for Lonmin Plc
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top Lonmin Plc Competitors
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