Valterra Platinum Ltd - Rosebank, Johannesburg-based company formerly known as Anglo American Platinum Ltd - S&P Global Ratings assigns Valterra a long-term foreign and local currency issuer credit rating of ’BBB-’, a short-term credit rating of ’A-3’, and a South African national scale rating of ’zaAAA’. Outlook is stable. S&P says its rating on Valterra reflects its adequate scale in platinum group metals production, limited leverage, and operations in the lower half of the cost curve. The rating agency views Valterra’s scale and diversification, as well as its vertical integration into refining, as supportive of fair business risk.
‘We are pleased with the investment grade outcome of the S&P credit ratings assessment which reflects our strong balance sheet and compelling free cash flow generation at various PGM price assumptions which is underpinned by the quality of our assets and disciplined capital allocation,’ Valterra Chief Financial Officer Sayurie Naidoo says.
Current stock price in London: 6,060.00 pence, up 4.1% on Friday afternoon
12-month change: listed in early June 2025
Current stock price in Johannesburg: R 1,369.48, up 6.1%
12-month change: more than doubles
Copyright 2025 Alliance News Ltd. All Rights Reserved.
