Sibanye dives deeper into circular economy with $155-million deal

Multinational mining and metals processing group Sibanye-Stillwater on Thursday announced the acquisition of the Reldan Group of Companies, a US-based metals recycler. The acquisition, valued at $211.5-million with a cash purchase consideration of $155.4-million, not only enhances the company’s exposure to the circular economy, but also complements its US platinum group metals (PGM) recycling business in Montana.