Operating update – Green metals strategy progresses with advancements in various projects and partnerships. The group achieved adjusted EBITDA of R7.8 billion (US$441 million) in Q1 2023, driven by improved performance in SA gold operations. SA PGM operations faced challenges due to a decline in PGM prices and localized operational issues. Group liquidity was strengthened through successful refinancing and an increase in the US$ revolving credit facility to $1 billion. The company expects a more positive outlook for the second quarter.
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