Currently viewing Global edition

Roaring rhodium means record profits for Sylvania

A slight fall in production in the March quarter failed to dent AIM-listed Sylvania Platinum’s bottom line with profits doubling thanks to continued strenth in PGM prices.

Roaring rhodium means record profits for Sylvania Roaring rhodium means record profits for Sylvania Roaring rhodium means record profits for Sylvania Roaring rhodium means record profits for Sylvania Roaring rhodium means record profits for Sylvania

Sylvania Platinum's profits hit a record in Q1

4E PGM production by the South Africa-focused company slipped 5% quarter on quarter to 17,420 ounces in the first quarter - Sylvania's Q3 - a quarter which historically has seen lower output.