we are a mid-tier platinum group metals (pgm) producer mining the merensky and ug2 reefs.

Because the Royal Bafokeng Nation through its investment arm Royal Bafokeng Holdings (RBH) has a 40% investment in RBPlat we not only comply with black economic empowerment requirements but exceed them. RBH followed its rights when it supported our capital raising programme in 2019 and it has stated that it views RBPlat as its quality growth investment vehicle in platinum.

Positioned for long-term growth

  • Increase our production by approximately 40% by 2020, depending on market conditions
  • RBPlat’s assets are the only significant shallow high grade Merensky resources and reserves still available for mining on the Western Limb of the Bushveld Complex in South Africa
  • ±60 years life of mine
  • Competitive position on the industry cost curve

Operational flexibility

  • Shallow long-life Merensky-biased with UG2 mining
  • IMS panel ratio target of 1.5
  • Modular approach to processing our PGMs

Organic growth through Styldrift

  • High margin mechanised operation
  • Sufficient concentrator capacity to process 150ktpm from Styldrift
  • Will increase production to 350ktpm by 2020

Prudent financial management

  • Successful cash preservation strategy supporting organic growth
  • Protected business stability through capex deferral in response to market conditions
  • Focus on cost management
  • Strong balance sheet

Flexible, rapid responders

  • Experienced management team with the flexibility to adapt rapidly to a changing business environment and the courage to make tough decisions.

Corporate governance and risk management

  • Our Board is committed to providing ethical leadership and maintaining an ethical culture in RBPlat. It ensures that our code of ethics as well as fraud and corruption policy are applied throughout the organisation
  • Enterprise risk management framework is applied across our business
  • We met and exceeded the requirements of the 2010 — 2014 Mining Charter scorecard and continue to apply its final year targets
  • Broad-based ownership structure provides stability, certainty and sustainability in terms of revised Mining Charter black economic empowerment requirements
  • We comply with the JSE Listings Requirements and all relevant laws and regulations