Sibanye-Stillwater sells uranium project to Neo Energy

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Sibanye-Stillwater sells uranium project to Neo Energy
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its Beatrix 4 shaft, which includes the Beisa uranium project, to UK-based Neo Energy Metals in a deal valued at about $28 million .

As part of the deal, Sibanye-Stillwater will also receive royalties on all uranium sold from the Beisa project, with payments capped at $5 per pound, depending on the spot uranium price.

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