Sibanye-Stillwater to acquire Sandouville facility from Eramet for $77m.

Sibanye-Stillwater, an international precious metals mining company, agreed to acquire Sandouville nickel hydrometallurgical processing facility from Eramet, a French multinational mining and metallurgy company, for $77m. “We are delighted to progress with this second step in our battery metals strategy, which is an important step in getting further downstream exposure to the battery metals value chain. The Sandouville facility is ideally located close to the European end-user markets and well supported by significant logistical infrastructure, which will allow us to leverage our existing Platinum Group Metals relationships. We look forward to working with Eramet and the French authorities to build a leading battery metals platform in Europe," Neal Froneman, Sibanye-Stillwater CEO.