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Anglo American’s PGM arm, Anglo American Platinum, has pre-reported soaring full year earnings after ramping up refined production in 2021.
In an update to the market on February 11, the company said headline earnings for the full year were expected to rise by 146-166% to ZAR74.8-80.8 billion (US$494-533 million).
North American royalty firms feel chill
Amplats flags up to 600% earnings boost
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