Key Takeaways Expanding waste projects and strategic investments in Zambia signal potential future revenue growth and increased copper production capacity. Chrome operations in South Africa and PGM processing initiatives suggest further margin improvement and enhanced profitability opportunities.

Key Takeaways Major Zambian waste processing contracts and chrome expansion offer substantial long-term revenue and margin growth potential beyond current market expectations. Strategic shift toward scalable, sustainable operations and renewables positions the company for multi-asset growth amid rising global demand for critical metals.

Key Takeaways Exposure to regulatory, political, and infrastructure risks in key regions could lead to volatile costs and challenge both revenue growth and earnings stability. Heightened environmental compliance costs, supply dependency, and rising competition may pressure long-term profitability and restrict future topline growth.
