Anglo American Platinum total PGM production down 7%
Natascha Viljoen, CEO of Anglo American Platinum spoke with CNBC Africa’s Zanele Morrison to unpack the earnings.
Mon, 24 Jul 2023 16:58:09 GMT
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AI Generated Summary
- Anglo American Platinum achieved stellar results in a challenging year marked by a drop in commodity prices and a 7% reduction in production.
- The company is focused on managing operational efficiency and ensuring capital discipline amidst volatile economic times.
- CEO Natascha Viljoen emphasized the demand for precious metals like rhodium and the importance of sustainability, innovation, and talent attraction for the company's future growth.
Anglo American Platinum, one of the world's leading mining companies, has been navigating through a challenging year marked by a drop in commodity prices and a 7% reduction in production. CEO Natascha Viljoen recently sat down with CNBC Africa's Zanele Morrison to discuss the company's stellar results and strategies for the future. Viljoen highlighted the leadership team's impact on achieving safety results and emphasized the importance of managing operational efficiency amidst volatile economic times. She also addressed the performance of precious metals in the global macroeconomic environment, pointing out the demand for metals like rhodium and the growth of markets such as light duty vehicles and fuel cell electric vehicles. Moreover, Viljoen emphasized the company's commitment to sustainability and capital discipline, ensuring that decisions align with environmental, social, and governance (ESG) principles. Looking ahead, Viljoen discussed the importance of making the mining industry attractive to the younger generation and emphasized the need to address challenges such as climate, corruption, energy reliability, and infrastructure in order to ensure long-term sustainability for South Africa.