Sylvania Platinum Reports Record Q1 FY2027 Production Results

10/31/2026
Impact: 68
Technology

Sylvania Platinum reported record production of 25,971 4E PGM ounces in the quarter ended September 30, 2026, up from 23,868 in the prior quarter. Net revenue increased 30% quarter-on-quarter to $62.9 million, Adjusted Group EBITDA rose 47% to $24.7 million, and cash grew 19% to $79.7 million. Improved plant stability and third-party ore helped offset mining issues at the Thaba Joint Venture. The company maintained FY2027 guidance of 85,000–95,000 4E PGM ounces and 110,000–140,000 tons of attributable Chrome concentrate.

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