The refined platinum group metal (PGM) production of South Africa’s Valterra Platinum increased by 78% to 778 500 oz in the first three months of 2026 compared with the first quarter of 2025. PGM sales volumes were also at a 60%-higher 791 400 oz ... .
"We remain focused on delivering consistent and safe production in the final months of the financial year, ensuring our ability to capitalise on strong rand PGM pricing, maximise free cash flow generation, and deliver value," he said.
Chief executives of South Africa’s platinum group metals (PGM) miners say prices need to climb to around $2,000–$2,500 per ounce before the sector can justify major new investments, including greenfield projects and expanded processing capacity.