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PGM price jump boosts profits for Sylvania

South Africa PGM producer posts strong financial results despite COVID-19 headwinds.

Tom Hoskyns
Sylvania's Doornbosch operations in South Africa

Sylvania's Doornbosch operations in South Africa

The South Africa-focused company, saw its PGM basket price rise by 58% year-on-year to US$2,015/oz in FY2020, driven mainly by higher rhodium and palladium prices. Sylvania's profit increased by 125%...

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