The continued weakening of platinum group metal (PGM) prices and macroeconomics have resulted in the Karo Platinum Project timeline for commissioning being extended out by 12 months to June 2025, with the opportunity to accelerate the timeline as markets become more favourable. The Karo platinum project, an openpit PGM project under construction in Zimbabwe’s Great Dyke, is a long-life asset with an initial 17-year life of mine.