Edition:
United States

Profile: Lonmin PLC (LONJ.J)

LONJ.J on Johannesburg Stock Exchange

4,067.00ZAc
26 Aug 2016
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Lonmin PLC is a producer of platinum group metals (PGMs). The Company explores, mines, refines and markets PGMs, including platinum, palladium, rhodium, iridium, ruthenium and gold. The Company's segments include PGM Operations, Evaluation and Exploration. The PGM Operations segment consists of the operational mines and processing facilities, which are located in South Africa. The Evaluation segment relates to the Akanani asset, which is located in South Africa and is in the evaluation-stage. The Exploration segment relates to the costs of exploration projects, which have the objective of identifying PGM deposits, which can be commercially realized and can occur anywhere in the world. The Company's saleable by-products produced from its PGM mining include gold, copper, nickel, chrome and cobalt. These metals are essential for industrial applications, especially catalytic converters for internal combustion engine emissions and are also used in jewelry.

Company Address

Lonmin PLC

4 Grosvenor Place
LONDON     SW1X 7YL
P: +4420.72016000
F: +4420.72016100

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