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Sibanye-Stillwater completes $78m Metallix acquisition

Sibanye-Stillwater announced that its $78m acquisition of US PGM refinery Metallix has been completed. The deal was previously reported to be worth $82m.

10 Sep 2025

Image credit:

Image credit: Metallix

In a statement, Sibanye-Stillwater said that “the initial value is mainly attributable to working capital movements in the ordinary course of business since the initial announcement and closure of the acquisition.”

Sibanye-Stillwater to acquire US PGM refinery for $82m

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Metallix will add processing capacity and proprietary technology to Sibanye-Stillwater’s US recycling operations in Montana and Pennsylvania.

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