ZIMBABWE’s platinum output is expected to remain stable, with a forecast of 504 000 ounces this year compared to 507 000 ounces achieved last year, data from the World Platinum Investment Council (WPIC) indicates.
In its quarterly global production report, the WPIC said platinum output for next year will increase by three percent to 522 000 ounces.
WPIC said during the third quarter of 2024, platinum output in the country declined by five percent to 126 000 ounces from 132 000 ounces recorded in the comparable quarter in 2023.