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Sibanye Stillwater may shut U.S. mine unless palladium price recovers, CEO says

Sibanye Stillwater CEO warns of potential closure for Montana palladium mine due to plummeting prices amid uncertain demand from electric vehicles.

By: Seeking Alpha

Jun 27 2024
41
4468 Views

Sibanye Stillwater may shut U.S. mine unless palladium price recovers, CEO says — Sibanye Stillwater may shut U.

Sibanye Stillwater (NYSE:SBSW) would be forced to shutter its Montana palladium mine if prices fail to rebound soon, CEO Neal Froneman said Wednesday, according to Bloomberg. "The future of Stillwater remains in the balance," the CEO said when asked ... [741 chars]

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