Overview
Description
Impala Platinum Holdings Ltd. Sponsored ADR represents the American Depositary Receipts for Impala Platinum Holdings Limited, a major player in the global mining sector. The primary function of this ADR is to provide U.S. investors with a convenient way to invest in Impala Platinum without having to directly purchase shares on the South African exchange. Impala Platinum Holdings Ltd. is known for its extensive operations in the platinum group metals (PGMs) sector, focusing on mining, refining, and marketing platinum, palladium, and rhodium, which are essential components across various industries such as automotive for catalytic converters, electronics, and jewelry. The company's efforts significantly impact the mining industry, providing critical resources for technological advancement and environmental solutions. In the financial markets, Impala Platinum's performance can be influenced by metal prices, geopolitical factors, and regulatory changes, making the ADR a vital tool for investors seeking exposure to the PGM sector and emerging markets. Through its ADRs, Impala Platinum Holdings Ltd. allows investors to participate in its growth and operations, contributing to portfolio diversification within the mining and precious metals industries.
About
CEO
Mr. Nicolaas Johannes Muller B.Sc., Mining Eng.
Employees
0
Address
2 Fricker Road
Illovo
Sandton, 2196
Illovo
Sandton, 2196
Phone
27 11 731 9000
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Country
Germany
MIC code
XFRA