Amplats Completes ACP Phase A Rebuild
As a result, the company has upgraded refined production guidance for 2020 to between 2.6 million to 2.7 million PGM ounces (previously 2.5 million PGM ounces). Sales volumes have also been upgraded to about 2.8 million PGM ounces, as minor metal refined inventories have been drawn down. The release of the work-inprogress inventory built up in 2020 is expected to take up to 24 months. During November, the company decided to close the ACP Phase B unit after a comprehensive assessment discovered further water leaks. The company decided to close the unit and schedule a full rebuild for 2021.
“The ACP Phase B unit has been fragile and has unfortunately recently experienced a number of further instances of water leaks,” Viljoen said at the time. “While the ACP management team has done extraordinary work to keep the unit operating safely over the past several months, we have taken this pre-emptive decision to now close the ACP Phase B unit to ensure we protect our employees, operating environment and the integrity of our assets.” Viljoen also said at the time the company would continue with the rebuild of the main ACP Phase A unit, which was originally scheduled for completion durng the second quarter of 2021.