Sibanye-Stillwater Acquires US Refinery for $82m
8 Articles
8 Articles
Sibanye expands metals recycling business - Australian Mining
Image: petrmalinak/shutterstock.comSibanye-Stillwater has entered into a purchase agreement to acquire Metallix Refining, a precious metals recycling company based in New Jersey, US. The acquisition is expected to enhance Sibanye’s US recycling operations in Montana and Pennsylvania by providing processing capacity, proprietary technology and extensive knowledge and experience. During the 12 months ending December 31 2024, Metallix processed app…
Sibanye-Stillwater to acquire metals recycler Metallix for $82m
Sibanye-Stillwater has signed an agreement to acquire Metallix Refining, a US-based metals recycler, for a cash consideration of $82m.The post Sibanye-Stillwater to acquire metals recycler Metallix for $82m appeared first on Mining Technology.
Neal Froneman guides Sibanye’s bid for U.S. metals recycler
Key PointsSibanye acquires North Carolina-based Metallix to expand recycling capabilities and cut reliance on traditional precious metal mining.The $82 million deal aligns with Sibanye’s strategic shift into sustainable metal recovery and circular economy growth.Froneman’s latest move supports decarbonization goals and secures strategic access to North America’s secondary platinum group metals market.Sibanye-Stillwater, led by South African exec…
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