Online Reporter
Michael Tome
Business Reporter
ZIMBABWE’S platinum output increased by nine percent year on year to 137 000 ounces in the second quarter of 2025, driven by increased capacity from Zimplats’ smelter expansion.
Increased smelter capacity at the country’s largest platinum miner allowed the company to draw down on semi-finished inventory accumulated during the commissioning phase.
The output was a ground-breaking achievement, representing a quarterly all-time high performance in the country’s platinum production, which solidifies Zimbabwe’s position as a major platinum producer.
Zimplats’ investment in expanding its smelter anchored the strong production during the review period, as the increased capacity allowed the company to process more ore, which consequently drove platinum output.
Zimbabwe’s platinum sector has seen significant capital investments, focused on developing new mines, expanding smelter capacity, and constructing additional concentrators.
“Output from Zimbabwe rose nine percent year-on-year to 137 koz, a quarterly all-time high. The increase was driven by the smelter expansion at Zimplats, which enabled a drawdown of semi-finished inventory accumulated during commissioning,” said World Platinum Investment Council (WPIC)in its 2025 second quarter report.
Online Reporter