Group buys two operations in its push into green metals used in batteries for electric vehicles
Sibanye-Stillwater has inked a $1bn deal to acquire two Brazilian mines, its fourth and largest investment yet in its push to build a portfolio of metals critical to electric vehicles.
Sibanye had issued a cautionary on Monday amid reports that it would spend this amount to acquire Santa Rita, one of the world’s largest open-pit nickel-cobalt sulphide mines, and Serrote, which has just completed the construction of a copper-gold project...
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