SBSW Jan 2025 10.000 call
| Previous Close | 0.0400 |
| Open | 0.0400 |
| Bid | 0.0000 |
| Ask | 0.0500 |
| Strike | 10.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 0.0400 - 0.0500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 8.04k |
ReutersSibanye secures debt funding for Finland lithium mine as prices slump
JOHANNESBURG (Reuters) -Sibanye Stillwater said on Thursday it had secured an additional 500 million euros ($557.30 million) debt financing to complete a new lithium mine in Finland, forging ahead with the project amid a slump in prices for the battery metal. The Johannesburg-based precious metals producer said the loan financing, partly funded by the European Investment Bank (EIB), will help it bring the Keliber lithium project to production from 2026. Sibanye, which mines gold and platinum metals in South Africa and the U.S., will continue to advance the mine and processing plant as it sees potential for recovery in lithium prices, James Wellsted, the spokesperson, said.
ZacksIs Sibanye Gold Limited (SBSW) Stock Undervalued Right Now?
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ZacksIs Sibanye Gold Limited (SBSW) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
