As the platinum group metals (PGMs) mining industry moves closer to a prolonged weak price environment, Anglo American Platinum (Amplats) is continuing its aggressive approach to strip down to a basic stay-in-business mode. Disciplined capital remained a key priority for Amplats to keep its head above water and ensure all operations remained cash flow positive, while deferring, for two years, investment in all growth and replacement projects and identifying more assets to shed.
