Platinum ETFs: What They Are and How They Work

**Impala Platinum's Strategic Moves and Financial Performance**

1. **Merger Consideration**: Amidst organic decline, a merger with L1 could be a strategic move for Platinum to bolster its position. The firm's active management style and focus on unfashionable stocks with latent business prospects suggest a need for consolidation.
2. **Dividend Restoration**: Despite a significant 70% plunge in annual profit, Impala Platinum has decided to restore dividends. This move, coupled with a commitment to ESG metrics and robust internal controls, indicates a stability-focused strategy.
3. **Platinum ETF Considerations**: As investors seek diversification beyond gold and silver, platinum ETFs offer an intriguing opportunity. With platinum prices increasing nearly 50% year-to-date and reaching levels not seen in over a decade, ETFs like the abrdn Physical Platinum Shares ETF (PPLT) and GraniteShares Platinum Trust (PLTM) present exposure to this underappreciated precious metal.

In conclusion, Impala Platinum's strategic decisions, including the restoration of dividends and potential market shifts, highlight a commitment to stability and growth. The rise in platinum prices also opens up opportunities for investors to diversify their portfolios with platinum ETFs.