Sibanye-Stillwater seals R1.45 billion deal to buy U.S-based Metallix
Sibanye-Stillwater, one of the world's largest platinum producers explained that the acquisition will complement its existing US recycling operations.
Metallix produces recycled precious metals, including gold, silver and platinum group metals from industrial wasre streams in North Carolina.
Speaking to Stephen Grootes on The Money Show, Peter Major, director of mining at Modern Corporate Solutions says the move aims to boost Sibanye-Stillwater's U.S recycling operations by adding a long-established precious metals recycler to its portfolio.
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