I must, on behalf of the Board, start my review by congratulating the RBPlat team on achieving the ramp-up to 150ktpm at Styldrift Mine before year-end. Well done, we have every confidence that you will achieve your next target of ramping up to 230ktpm in 2020
Chief Executive Officer's strategic review
I am delighted to be able to report that despite operating in a very challenging socio-economic environment we made good progress with a number of our strategic objectives in 2018.
We are a mid-tier PGM producer mining the Merensky and UG2 reefs.
Competitive position on the industry cost curve.
Following our acquisition of Anglo American Platinum's 33% participating interest in the BRPM Joint Venture, held through its wholly owned subsidiary Rustenburg Platinum Mines (RPM) we became sole owner of our operations consisting of the:
- Bafokeng Rasimone Platinum Mine (BRPM)
- Styldrift Mine
- BRPM and Maseve concentrators
TO ENSURE SUSTAINABILITY
ORGANICALLY - Positioning
RBPlat to compete
over the long term