Clear Strategy To Increase Production & Lower Cash Costs Per Ounce

Through the significant exploration upside identified, and through the major expansion of LDI that is currently in progress, we plan to increase our palladium production while lowering our cash costs per ounce, transforming LDI into a long life, low cost producer of palladium.

Leverage To Rising Palladium Prices

As one of only two primary palladium producers in the world, our plans to increase our palladium production while lowering our cash costs per ounce are well timed with the rising price of palladium, which continues to benefit from solid supply and demand fundamentals.

Attractive PGM Investment Jurisdiction

Compared to our South African peers who are increasingly faced with geopolitical and hyperinflationary cost challenges, we operate in a mining friendly jurisdiction with low political risk, stable government policies, moderate cost inflation and available skilled labour.

Upside in Exploration & Development

Future growth will come from our significant exploration upside and through the continued development at LDI. With permits, mine infrastructure and excess capacity at our mill, we can convert exploration success into production and cash flow on an accelerated timeline.

Operational Expertise Reduces Operating Risk

At the end of the day, it is people that build businesses. The proven track record of success of our senior management and operating team enhances NAP’s investment proposition and reduces operating risk.

Financial Strength Supports Growth Investments

Our conservative debt levels and ability to finance working capital supports our funding flexibility as we continue to make significant investments to position NAP for future growth.