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Sibanye Stillwater Expands Green Metal Reserves Amid Market Challenges

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Sibanye Stillwater Expands Green Metal Reserves Amid Market Challenges

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Sibanye Stillwater ( (SBSW) ) has provided an announcement.

Sibanye Stillwater announced its Mineral Resources and Mineral Reserves as of December 31, 2024, highlighting significant increases in lithium and copper reserves, reflecting their strategic shift towards green metals. Despite a decrease in some PGM and gold reserves due to market conditions and geological changes, the company continues to diversify its mineral asset portfolio, supporting sustainable and long-life production, and positioning itself strategically in the evolving energy solutions market.

More about Sibanye Stillwater

Sibanye Stillwater is a mining company based in South Africa, primarily focused on producing precious metals such as platinum group metals (PGMs) and gold. The company operates in both South Africa and the United States, with additional projects in Australia and Argentina, and is expanding into the production of green metals like lithium and copper.

YTD Price Performance: 10.37%

Average Trading Volume: 6,002,538

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $2.57B

See more insights into SBSW stock on TipRanks’ Stock Analysis page.

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