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Business Maverick: Sibanye-Stillwater confirms talks to acquire nickel and copper mines in Brazil that may cost around $1-billion


Oct 25, 2021

Diversified precious metals producer Sibanye-Stillwater has confirmed a Wall Street Journal report that it is in talks regarding the acquisition of the Santa Rita nickel and the Serrote copper mines in Brazil. This would be the latest acquisition by Sibanyeand#039;s CEO and arch deal-maker Neal Froneman as he targets the battery metals driving the electric vehicle revolution. And according to the WSJ, the price tag will be around $1-billion. 

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