Sibanye-Stillwater secures full ownership of Kroondal mine
Amplats bows out of the low-cost, mechanised operation because of its short remaining lifespan
31 January 2022 - 09:43
Sibanye-Stillwater has secured full ownership of the Kroondal mine after Anglo American Platinum (Amplats) opted to bow out of the low-cost, mechanised operation because of its short remaining lifespan.
Before the deal, which was announced on Monday, both companies each held a 50% interest in the operation as part of the so-called pool-and-share agreement that allowed them to equally share the proceeds of the mine...
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