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Marketing Plan for Lonmin
Essay specific features
Written by:
Jennifer R
Date added:
May 19, 2015
Level:
University
Grade:
B
No of pages / words:
17 / 4502
Was viewed:
5578 times
Rating of current essay:
Essay content:
Financial Summary
1
§ Operating profit for the year amounted to $353 million an increase of 20% on the prior year.
§ Gross profit for the year was $373 million
§ Turnover increased by $98 million to $1128 million.
§ Cost of sales for the period was $755 million.
§ 17% increase in the average price realized for basket of metals sold...
displayed 300 characters
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Marketing Audit
3.1 8 P's
3.1a Product
§ Lonmin mines and refines five Platinum group metals (PGMs):
- Platinum
- Palladium
- Rhodium
- Ruthenium
- Iridium.
§ Lonmin produces over 900,000 ounces of Platinum (1,700,000 ounces of total PGMs) per year
§ PGMs lend themselves to a myriad of different applications, these includes; fountain pens, aircraft turbines, anti-cancer drugs, mobile phones, catalytic converters for automobiles, ceramic glazes...
displayed 300 characters
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