An established South African producer of platinum group metals (PGMs), with a portfolio of high-quality PGM growth projects and an exclusive license within a majority of the Southern African Development Community (“SADC”) region for a next-generation processing technology that we believe will facilitate the production of finished metal with a lower environmental impact than traditional smelting. For the three months ended March 31, 2022 and 2021, we produced and sold 17.3 koz and 23.8 koz, respectively, of platinum, palladium, rhodium and gold (collectively “4E”), and for the years ended December 31, 2021 and 2020, we produced and sold 98 koz and 129 koz, respectively, of 4E. According to the Technical Report Summaries, our production is forecast to grow by 326 to 417 koz 4E per annum in 2030 (100basis).
