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Global chip shortage, production halt weighs on Sylvania

Platinum group metals producer Sylvania Platinum reported falling production in the September quarter after the company was forced to suspend operations at its Lesedi asset early August, while lower catalytic converter demand cut profits.

Global chip shortage, production halt weighs on Sylvania Global chip shortage, production halt weighs on Sylvania Global chip shortage, production halt weighs on Sylvania Global chip shortage, production halt weighs on Sylvania Global chip shortage, production halt weighs on Sylvania

Sylvania Platinum's Doornbosch operations in South Africa

Sylvania, which processes PGMs from chrome tailings at its dump operations in South Africa, reported a 3% quarter-on-quarter drop in production in Q3 to 15,771 of 4E ounces.