Impala Platinum Holdings Limited (Implats) is in the business of mining, refining and marketing of platinum group metals (PGMs), as well as nickel, copper and cobalt. In the 2009 financial year, Implats produced 1.7Moz of platinum (approximately 25% of global supply) and 3.4Moz of PGMs. The group employs approximately 53,000 people (including contractors) across its operations and is one of the most efficient and lowest cost primary platinum producers in the world. The company is listed on the Johannesburg Stock Exchange and the LSE.
In March 2011, the government of Zimbabwe implemented laws which required local ownership of mining companies; following this news, there were falls in the share prices of companies with mines in Zimbabwe, including Implats.
In late January 2014 thousands of employees belonging to Impala Platinum and other platinum mines in South Africa went on strike, demanding a basic salary of R12,500 ($1,180).