Navigating the international
equity-linked markets to
facilitate growth

Sibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. Sibanye-Stillwater has established itself as one of the world’s largest primary producers of platinum, palladium, and rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper and cobalt. The Group has recently begun to diversify its asset portfolio into battery metals mining and processing and increase its presence in the circular economy by growing its recycling and tailings reprocessing exposure globally.

In our role as Joint Global Coordinator and Bookrunner, and the only local bank, we assisted the company in crafting their equity story, navigate the regulatory environment, determine timing and ultimately target investors to generate demand for a book that was multiple times oversubscribed. Proceeds from this transaction will be used for the advancement of the Group's growth strategy, including funding of battery metal expansion as well as for their recently announced acquisition of Reldan, a US based metals recycling company (EV of USD212mn).

This landmark transaction reinforces our ability and commitment to support our clients' growth strategies and global initiatives by working with them closely to achieve their desired outcomes.