IMPUF News and Press, Impala Platinum Hldgs Ltd From 06/28/22

Impala Platinum (OTCQX:IMPUY) said on Tuesday it signed a five-year wage settlement with the AMCU union in South Africa for its operating subsidiaries Marula and Impala Rustenburg, Mining Weekly reports. Implats said the agreement is in line with current inflation of 6.5% and "considers the r...

Anglo American Platinum (OTCPK:ANGPY) agreed Tuesday to a new five-year labor contract with the Association of Mineworkers and Construction Union, Bloomberg reports. AMCU said the deal, which impacts 163K workers in South Africa's platinum industry, could be signed this week and would be effe...

Currently, the Platinum Group Elements (PGEs) is an overlooked sector of the global economy. The ongoing war in Ukraine as well as the push for less carbon-intensive technologies are strong tailwinds for PGEs. Supply and Demand dynamics in the PGEs make figuring out which company ...

The Russian invasion of Ukraine has not yet resulted in significant supply disruptions of platinum and palladium from Russia’s main producer, Norilsk Nickel. Russia supplies around 40% of the world’s palladium, 10% of its platinum and 7% of its rhodium (the three main pl...

Palladium prices jumped another 5% on Monday to a more than two-week high, extending Friday's nearly 9% surge, prompted by supply concerns following the suspension of trading by Russian refiners in London as a result of the Ukraine crisis. Palladium (XPDUSD:CUR) recently rose 4.5% to $2,534.4...

The Waterberg PGM project is nowhere near construction and I doubt it will be built due to rapid electric vehicle adoption. Palladium has been one of the worst-performing commodities of 2021, with its price dropping by over 20% over the past year. I view it as likely that palladiu...

I’ve launched a new series focused on long and short opportunities in the double-digit dividend yield market, and today, I’m trying out a new format. I present to you a total of six bullish and bearish ideas in the elevator pitch model. The bullish ideas include Read...

The company booked revenues of $8.49 billion and adjusted EBITDA of $4.01 billion in FY21, up by 86% and 109% YOY, respectively. However, rhodium and palladium accounted for 72% of Impala Platinum’s sales and the prices of the two metals are crashing. There is likely more p...

Weak platinum and palladium price action require us to re-evaluate our bullish thesis. Weakness is the result of a combination of the chip shortage slowing auto production & rising short positioning. Slowing auto production and historically low auto inventory levels are the se...

Platinum offers significant upside for long-term investors. US Platinum import statistics show platinum imports have been rising significantly over previous years. We think platinum is increasingly being used as a substitute for more expensive palladium which is bullish. Specu...