- Business
- Sibanye Stillwater Limited (SSW.JO) is a multinational precious metals mining and processing company that produces platinum group metals (PGMs) including platinum, palladium, rhodium, iridium and ruthenium; gold; and by-products such as chrome, copper, nickel and cobalt, with additional diversification into battery metals including lithium hydroxide from its Keliber project in Finland and nickel salts from the Sandouville refinery in France, as well as metals recycling operations encompassing gold, silver, PGMs, copper from industrial catalysts, e-scrap and tailings retreatment facilities like Century in Australia. The company operates PGM mines in South Africa (Kroondal, Rustenburg, Marikana, Platinum Mile), the United States (Stillwater, East Boulder), and Zimbabwe (Mimosa); gold operations in South Africa (Driefontein, Kloof, Cooke, Beatrix); exploration projects including Marathon PGM in Canada and copper-gold properties in Argentina and the Americas; and recycling facilities across the United States, Europe and Australia. Founded in 2013 through the unbundling of Gold Fields Limited's South African gold assets and headquartered in Weltevreden Park, South Africa, Sibanye Stillwater serves global markets in autocatalysts, jewellery, investment, chemicals, glass, electronics and medical applications, with customers including international bullion banks and industrial manufacturers primarily in Europe, the United States, Asia and South Africa. In September 2025, the company completed its US$129 million acquisition of Metallix Refining, a leading US precious metals recycler specializing in recovery from waste streams, enhancing its global recycling footprint, operational synergies and urban mining capabilities with added production of approximately 21,000 ounces of gold, 874,000 ounces of silver, 48,000 ounces each of palladium and platinum, plus rhodium, iridium and copper annually from facilities in North Carolina; earlier in 2025, it signed a US$500 million long-term gold and platinum supply agreement with Franco-Nevada Corporation from three South African mines and achieved commercial operation of the Castle wind farm for renewable energy integration.