Sibanye-Stillwater to acquire Metallix for $105m.

Sibanye-Stillwater, an international precious metals mining company, agreed to acquire Metallix, a provider of precious metals recycling and refining services, for $105m. Metallix complements Sibanye-Stillwater’s US recycling operations in Montana and Pennsylvania, adding processing capacity, proprietary technology and extensive knowledge and experience. The acquisition enhances the Group’s global recycling reach and internal logistics capabilities, increasing its ability to source materials from multiple regions, facilitating the delivery of end-to-end solutions to customers.