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Implats shares slide amid concerns over PGM outlook and higher input costs – Business Live

Implats shares slide amid concerns over PGM outlook and higher input costs – Business Live

Impala Platinum’s (Implats’s) share price fell as much as 10% on Thursday, the most since June 2020, after the world’s third-largest platinum group metals producer reported a 17% fall in full-year profit as commodity prices came off the boil while its input costs surged. Written by Nico Gous and Andries Mahlangu with insights from Mandi Dungwa – Portfolio Manager at Camissa Asset Management.