Amplats (JSE: AMS) is the world’s largest primary producer of platinum, accounting for 38% of the world’s annual supply. Most of the group’s operations lie to the northwest and northeast of Johannesburg, based in South Africa. A majority of the company’s operations take place in the Bushveld Igneous Complex. This large region includes a range of mineral commodities, including chromium, vanadium, titaniferous magnetite, and platinum group metals. About Anglo American In 1995, the organization Johannesburg Consolidated Investments unbundled. Its platinum advantages became Amplats, later renamed Anglo American Platinum. Somewhat English American is the organization’s more prominent investor. On October 5 2012, Anglo American Platinum made 12,967 striking South African excavators redundant. In July 2014, Amplats reported it would sell large
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Author: Jason Morgan