Anglo Platinum Company Description
Gold may glitter, but some see pizzazz in platinum. Anglo Platinum, commonly called Amplats, which is roughly three-quarters-owned by natural resources giant Anglo American, is the world's largest miner of platinum group metals, or PGMs, such as platinum, palladium, and rhodium. The company produces more than 2.5 million ounces of platinum and more than a million ounces of palladium annually. Its reserves include more than 290 million ounces comprising platinum, palladium, rhodium, and gold (a by-product of PGM mining). PGMs are used in catalytic converters, electronics, fuel cells, industrial processes (as catalysts), and jewelry. Amplats operates all its mines, smelters, and refineries in South Africa.
View the Comprehensive Company Description for Anglo Platinum
The Company Description provides a historical perspective of Anglo Platinum's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Anglo Platinum's evolution in the marketplace.
