The market capitalisation of South Africa’s Valterra Platinum has soared to R450-billion from R300-billion at year-end and a gross final 2025 dividend of R11.5-billion has been declared. Earnings before interest, taxes, depreciation and amortisation increased by 68%, to R33.4-billion, supported by a 22% increase in the rand basket price and R5-billion of additional cost reductions, the Johannesburg Stock Exchange-listed platinum group metals (PGM) mining company reported on Wednesday, February 25.