Sibanye starts its journey into battery minerals BL PREMIUM 23 February 2021 - 11:01 Allan Seccombe
Sibanye-Stillwater has launched its long-anticipated investment in battery minerals, buying a one-third stake in a Finnish company for R535m and securing an option to take a majority position.
Sibanye CEO Neal Froneman has spoken for a few years of diversifying the world’s largest primary producer of platinum group metals and a major gold miner into battery minerals to tap into the greening of the global economy.
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Utilidades 2021: ¿Puede una empresa prorrogar el pago de este concepto por la pandemia del COVID-19?
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Utilidades 2021: Todo lo que debe saber sobre el pago de este concepto en medio de la pandemia del COVID-19 nndc | ECONOMIA
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Sibanye unveils R6.8bn of new SA projects but warns on investment climate The cash-flush company plans to create 7,000 jobs with two large gold and PGM mining projects in SA while many other investments languish BL PREMIUM 18 February 2021 - 09:04 Allan Seccombe
Even as Sibanye-Stillwater pours R6.8bn into two labour-intensive, large mining projects in SA, CEO Neal Froneman said the true potential in the portfolio is lost to the country’s high-risk investment environment.
Froneman is the most outspoken mining CEO and on Thursday none of his frustrations with regulatory uncertainty, fragile state of the economy and Eskom’s high and rising electricity prices and unreliability were in any way diminished despite announcing the investments in the large, partially built K4 PGM mine, and the fully built Burnstone gold mine.