Ahead of its fourth-quarter earnings report this Thursday, Anglo American Platinum, a leading Johannesburg-based platinum miner, is anticipated to announce a production decrease consistent with its yearly forecasts, according to analysts at Citi. A point of concern highlighted by Citi is the potential for inventory write-downs, as the company’s current stockpile is valued at approximately ZAR30,000 per ounce in contrast to the prevailing spot prices hovering around ZAR23,000 per ounce. Investors and market watchers are also set to closely monitor how Anglo American Platinum plans to meet its 2024 targets for reduced operating costs. In the meantime, the company’s shares have seen a slight uptick, increasing by 0.9% to ZAR820.20. This financial maneuvering and strategic planning will be crucial for Anglo American Platinum as it navigates the volatile market conditions affecting the platinum sector. 
Anglo American Platinum Faces Potential Inventory Challenges Ahead of Q4 Report
