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Financial performance

Gross profit

R13 441m
(531.6%)

(H1 FY2024: R2 128m)

EBITDA*

R18 095m
(179.9%)

(H1 FY2024: R6 465m)

Headline earnings

R9 286m
(402.5%)

(H1 FY2024: R1 848m)

Free cash flow*

R7 043m
(1 002.2%)

(H1 FY2024: R639m)

Adjusted net cash*

R12 055m
(61.9%)

(H1 FY2024: R7 448m)

Dividends per share

410cps
(0%)

(H1 FY2024: 0cps)

*Non IFRS Accounting Standards metric.

Implats is committed to creating a better future – by producing the green metals essential to a sustainable global economy, operating with integrity and responsibility, sharing value with our stakeholders, and driving performance excellence across all spheres of our business.

Our purpose

To create a better future

Our vision

To be the most valued and responsible metals producer, creating a better future for our stakeholders

Our values

Respect

  • We are proud of who we are and what we do
  • We respect the sanctity of life and the wellbeing of each member of our team
  • We are accountable and take ownership
  • We stick to the rules and act with integrity
  • We embrace diverse views and backgrounds

Care

  • We work safely and smartly
  • We are team players and sent each other up for success
  • We protect and preserve our natural resources
  • We improve the wellbeing of society and each other

Deliver

  • We create and maintain a safe and healthy working environment
  • We are skilled and goal-orientated
  • We are innovative and bring our A-game
  • We go the extra mile
  • We learn, adapt and improve
  • We create a better future

The first half of FY2026 delivered a robust operational performance across the Group's mining and processing assets – with notable gains achieved in Q2 FY2026 – underpinned by delivery at key Group operations and greater stability within the processing portfolio.

The safety performance improved during the period, with outcomes reflecting the benefit of our ongoing investment in disciplined risk management, leadership visibility and high-impact safety protocols. This focus remains central to Implats' ambition of eliminating life-altering and fatal injuries.