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Lonmin Plc · London United Kingdom ·(London: LMI)

Company Description

4 Grosvenor Place
London
SW1X -7YL
United Kingdom (Map)
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 TypePublic - London: LMI

Headquarters
Fiscal Year-EndSeptember
2008 Sales (mil.)$2,278.3
2007 Employees24,122

Lonmin Plc Executives

11 executives listed for Lonmin Plc's London,  location.
TitleName & BioContact
ChairmanJ. Roger PhillimoreNetwork
CEO and DirectorIan FarmerNetwork
CFO and DirectorAlan FergusonNetwork

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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