Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low prices.

THUNDER BAY — Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low palladium prices.

South African miner Impala Platinum will shut down its Lac des Iles mine in Ontario by the middle of 2026 due to a prolonged period of weak palladium prices .

Low palladium prices are forcing Impala Platinum Holdings to shut down its mine in Canada, putting 750 jobs at risk. The Lac des Iles mine is about 1 500 km northwest of Toronto. Impala Canada ...