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Sibanye buys Santa Rita, Serrote for US$1B

Sibanye-Stillwater has bought the Atlantic Nickel nickel operation in Bahia, Brazil and and Mineração Vale Verde (MVV) copper operation from Appian Capital Advisory for US$1 billion in cash and royalty considerations.

Sibanye buys Santa Rita, Serrote for US$1B Sibanye buys Santa Rita, Serrote for US$1B Sibanye buys Santa Rita, Serrote for US$1B Sibanye buys Santa Rita, Serrote for US$1B Sibanye buys Santa Rita, Serrote for US$1B

Appian Capital Advisory's Santa Rita in Bahia, Brazil

The deal continues Sibanye's pivot into energy transition metals having made investments earlier this year in lithium and nickel assets.