Load-shedding dims Implats’ H1 earnings

Implats has been hit by a double-whammy. Persistent power cuts coupled with the rebuilding of a furnace resulted in a 9% drop in the miner’s interim production which is largely responsible for the group’s 2.1% drop in half-year headline earnings per share. Business Day TV unpacked the results in greater detail with the company’s CEO Nico Muller.