BRAZILIAN MINES
Sibanye doubles down on green metals in bid for Brazilian mines
Leading PGM producer is in talks to buy two Brazil mines in reported R14.7bn deal
25 October 2021 - 19:03
In a potentially high-stakes bet on the global energy transition and surging demand for metals used in the making of electric vehicle (EV) batteries, Sibanye-Stillwater is in talks to buy two Brazilian mining companies.
Sibanye, which has grown rapidly from a small gold mining firm spun off from Gold Fields to one of the world’s biggest miners of platinum group metals, has been looking for new income streams, acknowledging an accelerating shift towards environmentally friendly business practices amid regulatory and investor pressure...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.