ARI earnings rise 19% as net cash jumps 54%
ARI reported earnings up 19% year-over-year, citing strong PGM performance and disciplined capital allocation. Net cash increased 54% to ZAR 10.2 billion, with investments in Bokoni and Nkomati underway.
Earnings rose 19% year-over-year, driven by strong PGM performance and disciplined capital allocation, while net cash increased 54% to ZAR 10.2 billion.
Major investments in Bokoni and Nkomati support future growth, but iron ore and manganese face cost and logistics challenges.Based on African Rain…