Lonmin Company Description
Lonmin goes platinum without selling a single CD. The company is the world's #3 platinum producer (after Anglo Platinum and Impala Platinum), with an annual production of more than 950,000 ounces. Uses of platinum include catalytic converters for vehicles and jewelry. Its Lonmin Platinum, or Lonplats, unit mines platinum group metals (PGMs, including platinum, palladium, and rhodium) through two South African companies: Western Platinum and Eastern Platinum. In addition to its Australian PGM investments, Lonmin has exploration activities in North America, South Africa, and Tanzania.
View the Comprehensive Company Description for Lonmin
The Company Description provides a historical perspective of Lonmin'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 Lonmin's evolution in the marketplace.
