Nature of Business

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Anglo American Platinum Limited is the world's leading primary producer of platinum and accounts for about 40% of newly mined production globally. It also produces other PGMs including palladium, rhodium, ruthenium, iridium and osmium. Nickel, copper, other base metals and gold are also produced.

In 2009, some 45% of the world's platinum was used in autocatalysts, designed to reduce noxious emissions from vehicles. Environmental concerns about air quality in many of the world's cities continued to increase and more stringent vehicle emission standards were legislated in many countries. Jewellery accounted for 39% of demand for platinum in 2009, industrial uses accounted for 19% of demand and investment the balance.

The Group is firmly committed to the development of PGM markets and, in cooperation with Johnson Matthey and others, researches and promotes products using PGMs, particularly for environmental applications. Anglo American Platinum created the Platinum Guild International (PGI) in 1975 and provides funding for its jewellery development efforts. The Group is active in other industry organisations, including the International Platinum Association, which is an advocacy forum for producers and fabricators, and attends to sustainability-related matters on behalf of the industry via its sustainability committee.