
Zimplats records significant PGM production increase in Q2 2026
Zimplats Holdings Limited, Zimbabwe's largest platinum group metals PGM producer, reported a substantial production rebound in the quarter ending June 30, 2026. This recovery was primarily fueled by the processing of concentrate stockpiled during previous furnace maintenance. Platinum output surged by 176% quarter-on-quarter to 97,950 ounces, while palladium increased by 183% to 84,035 ounces. Other metals also saw significant gains: gold rose 174% to 10,570 ounces, rhodium increased 182% to 9,058 ounces, ruthenium climbed 186% to 7,867 ounces, and iridium jumped 186% to 3,710 ounces. Year-on-year performance also remained positive across all PGMs. Total 6E metal contained in the final product reached 213,190 ounces, marking a 179% increase from the previous quarter and a 14% rise year-on-year. Beyond PGMs, silver production increased 216% quarter-on-quarter to 20,467 ounces. Base metal production also strengthened, with nickel output up 197% quarter-on-quarter to 2,030 tonnes, copper rising 175% to 1,539 tonnes, and cobalt soaring 398% to 234 tonnes. However, Zimplats has indicated that production may be affected again due to scheduled major furnace maintenance in September and October 2026.


