Welcome to Implats

We are a leading fully integrated Platinum Group Metals (PGMs) producer. The Group is structured around seven mining operations and Impala Refining Services (IRS), a refining business.

Implats in data - FY2023

R14.0bn
returned to shareholders and capital providers

R167m
spent on community wellbeing and infrastructure

R22.5bn
paid to employees

R1.2bn
invested in education and skills development

R50.9bn
paid to suppliers

R302m
invested in employee housing

R7.2bn
contributed to governments

R55m
invested in developing local enterprises

R96.3bn
total contribution to society

Creating a better future

This is our purpose

x

Creating a better future through the metals we produce

Our metals touch lives every day. We are committed to supplying the metals needed to develop, sustain and improve our world.

  • Connect people through hard drives, smart phones, computer screens and petrol
  • Save lives by their use in cancer treatments, pacemakers and airbags
  • Green the world through their efficacy in fuel cells, autocatalysts and clean water technologies
  • Grow wealth via investments in bars, coins and jewellery, derivatives, ETFs and shares
  • Celebrate lives through their use in jewellery, clothing, lipstick, paint and food preservation
x

Creating a better future through the the way we do business

Bringing long-term growth and opportunity for all our stakeholders

  • Developing and caring for our host communities
  • Providing meaningful employment
  • Caring for and supporting our environment
  • Creating value for all our stakeholders
x

Creating a better future through superior performance

Sustaining industry leading business and financial performance through the commodity cycle

  • Securing business growth and a sustainable enterprise
  • Delivering a steady supply of superior quality products
  • Generating meaningful taxation contributions and social investment
  • Yielding compelling investment returns

Our vision

Our vision is to be the most valued and responsible metals producer, creating a better future for our stakeholders

We aspire to deliver value through excellence and execution, adjusting to market dynamics to remain competitive, delivering strong financial returns through commodity cycles

We are committed to responsible stewardship, long-term value creation and being the trusted partner in the way we do business, treat people and limit our environmental impacts

Our value-driven focus is to be a sustainable, high-value and globally competitive integrated metals producer

Our metals, and the way we produce them, improve quality of life - today and for generations to come

Through the positive contribution we make to society, we create lasting benefits for our stakeholders in a way that is respectful, responsible and transparent

Our values

At Implats, we respect, care and deliver. The values, beliefs, attitudes and behaviours that we share set us apart and make Implats unique and special.

Respect

  • We believe in ourselves
  • We work together as a team
  • We take ownership of our responsibilities
  • We are accountable for our actions

Care

  • We set each other up for success
  • We care for the environment
  • We work safely and smartly
  • We make a positive contribution to society

Deliver

  • We play our A-game everyday
  • We go the extra mile
  • We learn, adapt and grow
  • We create a better future

Bringing education to the doorstep of employees' homes

Impala Bafokeng (formerly Royal Bafokeng Platinum) created an enabling environment for its employees to purchase decent and attractive houses at Waterkloof Hills Estate, a prime portion of land in Rustenburg.

Read more

Zimplats upgrades Mhondoro Rural Hospital in US$1m project

In April 2023, Zimbabwe's President, Emmerson Mnangagwa, officially commissioned the Mhondoro Rural Hospital following its US$1 million upgrade by Zimplats.

Read more

Tailings re-mining at Impala Rustenburg

Implats seeks to create a common understanding of the circular economy throughout the Group and identifies circular economy opportunities to benefit its operations and the communities which host them.

Read more

Our history

Implats' key stategic phases at a glance

  • 1924 1987
  • 1990 1998
  • 2000 2004
  • 2006 2007
  • 2008 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
Platinum is discovered in in the Bushveld Igneous Complex and the first vertical shaft is developed. A major expansion takes place in Rustenburg to raise the capacity of the mine and match refining capacity.
Implats acquires an interest in Western Platinum and Eastern Platinum (collectively known as Lonplats) as Karee is merged into these entities. Impala Refining Services is established to capitalise on Implats’ surplus smelting and refining capacity.
Strategic acquisitive typifies this period of growth, with Implats buying the mineral rights to Marula, strategic stakes in Zimplats and Mimosa and entering into a joint venture to develop Two Rivers. The Group sells its stakes in Barplats and Lonplats.
Black economic empowerment (BEE) transactions are negotiated, with Implats finalising a BEE deal with Royal Bafokeng Holdings (Pty) Ltd (RBH).
PGMs entered a sustained period of low prices. The Group shifts its strategic focus from growth to cash preservation in a “lower for longer” strategy to respond to the low price environment.
PGM prices remain depressed. Impala Rustenburg embarks on a transition into a profitable and leaner operation given the low price environment, triggering job security concerns.
Implats redefines its vision, mission and strategy to position the Group as a “value over volume” producer, successfully restructuring Impala Rustenburg and returning it to profitability without the feared large-scale retrenchments. Higher rand prices produce tailwinds. The Group investigates the mechanised, shallow, palladium-rich Waterberg project.
Implats reinstates dividend payments on its operational turnaround, aided by the sustained higher price environment. The Group buys Canadian palladium producer, North American Palladium (now Impala Canada). Covid-19 impacts all operations. The Group retains its stake in Waterberg, opting out of increasing it.
The Group launched the proposed acquisition of Royal Bafokeng Platinum in November 2021, with an offer of R90.00 in cash and 0.3 Implats shares per RBPlat share. Implats was recognised in two categories at the South African MineSafe 2021 Tripartite Conference — “Best Safety Performance in the PGM” sector following several record Group safety achievements; and “Industry-leading Covid-19 Response by a Large Company”, in recognition of its extensive employee and community vaccination programme.
The Association of Mineworkers and Construction Union (AMCU) signs an historic five-year wage agreement with the Impala Rustenburg and Marula operations, providing a long period of certainty to employees, their dependents and communities. The Competition Tribunal approves the Royal Bafokeng Platinum transaction on 16 November 2022.
On 30 May 2023, Royal Bafokeng Platinum becomes a subsidiary of Implats after the Group’s shareholding crosses the 50% threshold. The mandatory offer closes on 21 July 2023, with Implats securing 98.91% ownership. On 18 September 2023, to mark Royal Bafokeng Platinum’s delisting from the Johannesburg Stock Exchange, Implats renamed the subsidiary Impala Bafokeng. PGM prices move into a downcycle, and the Group implements a comprehensive operational and expenditure response.