UK ShareWatch
Home Energy Industrials Consumer Finance Tech

Behind the Numbers: Valterra Platinum Reveals Q2 2025 Production Report and Safety Concerns

Published: 18 Jul 2025
One look at a raw production report can be daunting, but hidden within its data-drenched folds is the often gritty reality of a company’s day-to-day operations. As South Africa’s Valterra Platinum Limited released its Q2 2025 report, we dive deep into their reality.

Valterra Platinum’s Q2 report, published on 18th July 2025, paints a stark picture of the company’s challenging quarter. The report underlines the toll, both human and operational, that the industry’s inherent risks can impose.

A tragic fatality was recorded at Unki Mine, highlighting the ever-present safety concerns. Despite the heartbreaking incident, the company reported an improved total recordable injury frequency rate (TRIFR), down to 1.28 per million hours, from the previous 1.48.

On the production front, the company endured reduced output, falling by an unfortunate 15% to 464,100 ounces, chiefly resultant from decreased production at Amandelbult due to flooding. Notwithstanding, it is worth noting that all operations at Amandelbult have resumed, and the projected output for the full year sits comfortably between 450k-480k ounces.

Their report also highlighted a decrease in PGM sales volumes, which they stated was in line with lower refined production.

Despite the adversity faced in Q2, Valterra Platinum remains optimistic, with their CEO, Craig Miller, reassuring stakeholders that the company is on track to meet year-end production targets. ‘Safety is our foremost strategic priority,’ Miller stated, highlighting his concern for their workers while acknowledging the tragic loss at Unki Mine.