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Sylvania Posts Healthy Financials on the Back of Higher Production, Prices

Sylvania Platinum posted a 110% year‑on‑year jump in net revenue to $99.8 million for the six months to 31 December, driven by a 25% rise in 4E PGM production and a 55% increase in basket prices. Adjusted EBITDA surged 414% to $51 million and net profit more than doubled to $23.2 million. Capital expenditure fell 14% to roughly $15.8 million, while the group remained debt‑free and set aside $2.5 million for potential share buy‑backs. The company also raised its full‑year production guidance for PGMs and chrome.