Impala shops for platinum

02 April 2014 - 02:01
By Bloomberg
RICH PICKINGS:  Mines  can be a valuable source of national revenue.
Image: Marianne Pretorius. RICH PICKINGS: Mines can be a valuable source of national revenue.

Impala Platinum (Implats) said it may buy metal on the open market to meet customer deliveries as a strike at the world's largest producers of the metal goes into its third month.

"We definitely can't continue to supply all our clients as we normally would have done," Johan Theron, an Implats spokesman, said yesterday.

The company will meet supply contracts with all clients and will prioritise "key" international clients for delivery at least until the end of the month, Theron said.

The platinum producer will meet all deliveries from March, he added.