Annual Integrated Report for the year ended 30 June 2023

Welcome to our 2023
Annual Integrated Report

Implats’ purpose is to create a better future. We aspire to deliver value through excellence and execution, and through our commitment to sustainability and long-term value creation.

The purpose of this Annual Integrated Report is to explain to the providers of financial capital how we create, preserve or erode value over time. We focus on readers with an interest in enterprise value and we have considered new developments in sustainability reporting.

OUR STRATEGY

Our strategy is centred on six focus areas where targeted actions and aspirations serve to achieve our purpose to create a better future.

The following icons are used to represent the various aspects of our value creation process.

WHO WE ARE AND WHERE WE OPERATE

Implats is a leading producer of platinum group metals (PGMs), structured around seven mining operations and a refining business, Impala Refining Services. The Group’s mining operations span the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe and the Canadian Shield.

South Africa
    6E in concentrate   Life-of-mine   Current average depth   Employees
Marula   241.0koz   22 years   485m   4 954
Two Rivers1   295.4koz   24 years   750m   6 060
                 
Impala Refining
Services (IRS)
  Refined 6E production   6E Mine-to-market receipts   6E Third-party receipts   Employees
  1.45Moz   1.37Moz   287.3koz  
                 
Impala   Refined 6E production   Life-of-mine   Current average depth   Employees
  1.20Moz   11 years   870m   43 872
                 
Impala Bafokeng2   Refined 4E production   Life-of-mine   Current average depth   Employees
  219.8koz   24 years   480m   11 141
                 
Zimbabwe
Zimplats   6E in matte   Life-of-mine   Current average depth   Employees
  611.2koz   > 30 years   240m   9 021
                 
Mimosa1   6E in concentrate   Life-of-mine   Current average depth   Employees
  245.1koz   21 years   180m   3 735
                 
Canada
Impala
Canada
  6E in concentrate   Life-of-mine   Current average depth   Employees
  290.9koz   5 years   1 080m   948
                 

1 Non-managed.

2 For the six month period ended 30 June 2023.