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Valterra Platinum Limited ( (AGPPF) ) just unveiled an update.
Valterra Platinum Limited announced that Anglo American has sold its remaining 19.9% stake in the company, marking a significant milestone in Valterra’s demerger process. This move underscores Anglo American’s confidence in Valterra’s position as a standalone entity poised to benefit from favorable PGM market dynamics. The disposal is expected to enhance Valterra’s strategic objectives and shareholder value, as the company continues to focus on delivering superior returns and creating value for stakeholders.
More about Valterra Platinum Limited
Valterra Platinum Limited is a leading integrated producer of platinum group metals (PGMs) with primary operations in South Africa and Zimbabwe. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange, and it operates with a focus on sustainability, efficient processing, and delivering tailored solutions through its marketing hubs in London, Singapore, and Shanghai.
Learn more about AGPPF stock on TipRanks’ Stock Analysis page.