Sibanye-Stillwater completes the acquisition of Metallix

Johannesburg, Sibanye-Stillwater has advised that all conditions have been satisfied for the acquisition of Metallix Refining (Metallix) announced on 21 July 2025, and that the acquisition of Metallix was successfully concluded on 4 September 2025 for a provisional equity cash purchase consideration of US$78 million (total purchase consideration of US$129 million on a debt-free basis).

The acquisition of Metallix strengthens and complements Sibanye-Stillwater’s existing US recycling operations and is expected to unlock significant value through cost and operational synergies across the combined businesses.

Sibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The Group is a foremost global recycler of a suite of metals and has interests in leading mine tailings retreatment operations.