Covid-19 slashes Sylvania’s fourth-quarter production, profit

London-listed Sylvania has successfully ramped up to full capacity at its Sylvania Dump Operations (SDO), following a hard lockdown and subsequent ramping up process in South Africa, in the quarter ended June 30.

The company only produced 9 055 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), compared with the nearly 20 000 oz of 4E produced in the quarter ended March 31.