Sibanye Stillwater’s Strong Quarterly Gains and Green Financing
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Sibanye Stillwater (SBSW) has released an update.
Sibanye Stillwater reported a notable 9% year-on-year increase in adjusted EBITDA to R3.3 billion, driven by strong performances across its operations. The company’s South African gold operations saw a remarkable 292% rise in adjusted EBITDA due to higher gold prices, while its SA PGM and Century zinc operations also posted significant gains. Additionally, Sibanye secured a €500 million green financing loan for its Keliber lithium project, underlining its healthy balance sheet and growth prospects.
For further insights into SBSW stock, check out TipRanks’ Stock Analysis page.
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