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Sibanye Anticipates Short-Term Volatility in Platinum Prices Amid Supply Deficit

STRATEGIC MINERALS

Sibanye expects platinum and palladium prices to remain volatile but does not foresee a return to previous lows. Spot platinum surged 127% in 2025, reaching a record of $2,918.80 per ounce on January 26, 2026.

The company is evaluating the reactivation of the Stillwater West Mine in the U.S. and anticipates preliminary results regarding a U.S. tariff on Russian palladium imports. Sibanye is also progressing with its Keliber lithium project in Finland, expecting lithium hydroxide production in Q4 2026.

Sibanye Anticipates Short-Term Volatility in Platinum Prices Amid Supply Deficit
Feb 10, 2026, 10:28 PM

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