Aquarius Platinum Company Description
Aquarius Platinum wants platinum lovers to pour it on. The company mines for platinum and other platinum group metals (PGMs) in South Africa's highly productive Bushveld Complex and in Zimbabwe through its 50% stake in Mimosa Investments. PGMs, including palladium and rhodium, are used in electronics, catalytic converters, and jewelry. Aquarius Platinum focuses on small deposits and a capital-intensive (mechanized) rather than a labor-intensive mining model. Founded in 1996, the company produces just under half a million ounces of PGM annually, mostly at its 50%-owned Kroondal mine (a partnership with Anglo Platinum).
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The Company Description provides a historical perspective of Aquarius 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 Aquarius Platinum's evolution in the marketplace.
