Valterra Platinum Profit Drops 81% In Half-year Profit
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Valterra Platinum’s profits may have plunged by 91% in the first half of the year, but the newly independent miner remains bullish on global platinum demand. We speak to Craig Miller, CEO of Valterra Platinum, to unpack the challenges and resilience behind the numbers.
After completing its spinoff from Anglo American and listing in both Johannesburg and London, Valterra has faced operational headwinds including severe flooding at its Amandelbult mine that cut output by nearly half. Despite this, the company is holding firm to its annual production targets.
After completing its spinoff from Anglo American and listing in both Johannesburg and London, Valterra has faced operational headwinds including severe flooding at its Amandelbult mine that cut output by nearly half. Despite this, the company is holding firm to its annual production targets.