Organisational
Overview

Our investment case

BLACK EMPOWERMENT STATUS

We are black owned and controlled. Because the Royal Bafokeng Nation through its investment arm Royal Bafokeng Holdings (RBH) has a 52.31% 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 2014 and it has stated that it views RBPlat as its quality growth investment vehicle in platinum.

  Positioned for long-term growth

  • Low-risk growth: ± 70% increase in production by 2020
  • ± 280koz (4E) increasing to 470koz (4E) with ramp-up of Styldrift I
  • Shallow long-life Merensky producer

  Operational flexibility

  • Merensky-biased with UG2 mining platform
  • IMS panel ratio of 1.5
  • Toll treatment facility for UG2 ore
  • Modular approach to processing our PGMs

  Strong stakeholder relations

  • Labour stability
  • Good relationships with communities

  Prudent management

  • Cash preservation strategy
  • Deferral of capex in response to current market conditions
  • Commitment to cost management
  • Strong balance sheet

  Decisive, experienced management team

  • Rapid response to changes in market conditions including rescheduling and restructuring mining operations

  Strong corporate governance and risk management

  • Complies with and exceeds Mining Charter requirements
  • Complies with JSE Listings Requirements
  • Applies principles of King III Code
  • Enterprise risk management framework applied across our business

  A socially responsible company

Included in the two new socially responsible investment indexes launched by the JSE Limited this year: the FTSE/JSE Responsible Investment Index and the FTSE/JE Responsible Investment Top 30 Index

  Award winning business

Winner of the EY Excellence in Integrated Reporting awards 2014 and winner of the Mid Cap category of the Chartered Secretaries South Africa JSE Integrated Reporting Awards 2014 and winner in the Basic materials category of the Nkonki Integrated Reported Awards 2015 and was placed second overall.