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Andulela is an investment holding company listed on the Equity Investment Instruments sector of the main board of the JSE Limited.
Between 2008 and 2010 Andulela acquired a controlling interest in Kilken Platinum (Pty) Limited (Kilken) as more fully detailed in the Operations section. Kilken is a low-cost producer of platinum group metals. Andulela acquired the Kilken asset to participate in the positive growth outlook for platinum group metals in the long term. Market expectations are that platinum prices will strengthen and world demand will increase in the medium to long term.
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