Eastern Platinum posts Q2 2026 net loss as lower PGM, chrome sales cut revenue to USD 7,964
Reuters2026/08/14 06:18Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Eastern Platinum posted Q2 2026 revenue of USD 7,964, down 26% year over year on weaker chrome and PGM sales.
- Mine operating result swung to a USD 4,230 loss from USD 363 income, driving gross margin to -53.1% from 3.4%.
- PGM revenue fell 20% to USD 6,212; 6E ounces delivered to Impala dropped to 4,356 from 6,781.
- Chrome revenue dropped 41% to USD 1,752; sales volumes declined to 9,200 tons from 16,560 tons.
- Operating loss widened to USD 7,898 from USD 3,021, reflecting lower output and higher site services costs during the underground ramp-up.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Platinum Limited published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.
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