Impala Platinum Hldgs Ltd (IMPUF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the webcast presentation of our results for the six months ended 31 December 2024. I am Nico Miller, the CEO of Implats. This presentation provides a high-level overview of our group's performance over the first half of the financial year. Before we begin, I draw your attention to our normal disclosure statement pertaining to any forward-looking statements that may be made today. I will start today's presentation with an overview of the group's performance and the key features. This will lead into a more detailed account of the group's operating performance presented by Patrick Malhoutwa, our Chief Operating Officer, followed by the financial results presented by Melinisha Kerber, our Chief Financial Officer, and then Sofisa Sabia, our Group Executive for Refining and Marketing, will provide an overview of the PGM markets before I finish off with our key focus areas and the outlook for the remainder of Financial Year 2025. IMPRESS has intensified its efforts to cultivate a safety-first culture across all operations, including actions to highlighting care for your own safety, holding employees accountable, and improved teamwork. Eliminating fatalities and life-changing injuries remain core values that the group is determined to realize, in line with our vision of achieving zero harm. It is deeply disappointing that the safety interventions implemented thus far have not yet translated into a meaningful improvement in the group's fatality rates. A persistent disconnect between the steady reduction in the overall number of injuries and the severity of injuries remains a key challenge. It is with profound sadness and disappointment that we report five employee fatalities in four incidents at our managed operations during the period. In a period overshadowed by ...