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Anglo Platinum Confirms Polokwane Smelter Shutdown

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SimonPB
Valued Contributor
11:18 15Feb2008 RNS-REG-Anglo Platinum Smelter Shutdown

. RNS Number:0753O Anglo Platinum Limited 15 February 2008

SENS AND MEDIA RELEASE

Anglo Platinum Confirms Polokwane Smelter Shutdown

15 February 2008

Anglo Platinum announces that a minor slag run-out occurred just before 14:00 on Wednesday 13 February 2008 at its Polokwane smelter in Limpopo province. The smelter has been shut down and a detailed examination has commenced.

The slag caused damage to ancillary electrical equipment adjacent to the furnace. Repair work has commenced on this equipment and is expected to be completed in 4 to 6 weeks. While the extent of the damage to the furnace has yet to be fully quantified early indications are that remedial work necessary to address the cause of the slag run-out will take less time than the electrical repairs.

Due to Anglo Platinum's current excess smelting and refining capacity the 2008 forecast output of 2.4 million ounces of refined platinum, inclusive of the impact of the 90% electricity constraint, remains as announced on 11 February 2008.
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