Valterra expects HEPS up between 1,389% and 1,688%, to between 7,047c and 8,456c for the six months to 30 June 2026. Headline earnings are expected between R18.5bn and R22.2bn, supported by an 18% increase in PGM sales volumes and significantly stronger realised metal prices. The average PGM dollar basket price increased 85% to $2,801 per ounce. Valterra also reported that PGM production increased 1% to 775,400 ounces during the second quarter.
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