TreasuryONE welcomes Valterra Platinum as client

Executive Summary

Valterra Platinum Limited (previously Anglo American Platinum Limited) was established as part of the demerger from the Anglo American Group. Valterra Platinum Limited is a leading integrated producer of platinum group metals (PGMs) with one of the largest mineral endowments.

As part of its separation from Anglo, Valterra needed to build an independent treasury capability at speed. TreasuryONE, South Africa’s leading managed treasury services provider, was engaged to work alongside the Anglo and Valterra treasury teams in designing and implementing a full treasury system from the ground up. In just sixteen weeks, Valterra went live with an operational treasury department supported by expert-led services and a world-class Treasury Management System (TMS).

• Company: Valterra Platinum Limited
• Headquarters: South Africa
• Founded: Post-demerger from Anglo American
• Industry: Platinum Group Metals (PGM) mining, processing and marketing

Services Provided by TreasuryONE: TMS Implementation, Maintenance and Management.

The Challenge

Before the demerger, Anglo American’s central treasury handled all treasury operations for the platinum business. Ahead of the demerger, Valterra had to establish a fully independent treasury function, without access to Anglo’s infrastructure, while managing exposure to volatile FX markets, preserving liquidity, and meeting investor and regulatory standards.

The Solution

Delivered within 16 weeks:

✅ A complete, independent treasury function
✅ Full cash and FX visibility across 20+ bank accounts
✅ Automated, audit-ready TMS
✅ No reliance on internal IT teams
✅ Treasury governance aligned with compliance and policy standards

 

“Building an independent treasury function from scratch within a limited timeframe during a demerger was a challenging process. TreasuryONE made the TMS implementation practical and efficient and provided us with valuable outsourcing services on an interim basis, which supported our transition to a stand-alone treasury. The systems, reporting, and support we now have in place give us the tools we need to run a strong treasury.”

— Chris Daniels, Head of Treasury, CF & Insurance, Valterra Platinum Limited