Sibanye-Stillwater Closes EUR 5 Million of Equity Investment in Keliber

In line with the investment agreement, the final tranche of Sibanye Stillwater’s investment in Keliber a Finnish mining and battery chemical company  was closed with SSW subscribing 125,000 shares for EUR 5 million. This increases SSW’s shareholding to approximately 30%.

It is SSW’s final tranche of the EUR 30 million phased equity investment the companies announced on 23 February 2021.

SSW the world's largest primary producer of platinum, second largest primary producer of palladium and third largest producer of gold subscribed shares for a total of EUR 15 million in March 2021 and for an additional EUR 10 million in September 2021.