Sibanye turns to uranium, once an 'unloved' resource

Sibanye turns to uranium, once an ‘unloved’ resource

Sibanye-Stillwater’s Cooke 3 Plant. Sibanye-Stillwater has a range of renewable energy projects in the pipeline, including solar and wind.

The company has plans to be carbon neutral by 2040.

Uranium is an energy resource that Sibanye aims to explore from its existing asset base.

The global shift towards green energy has ignited an appetite for uranium production in Sibanye-Stillwater, with the company exploring opportunities in the resource which it says has long been unloved.Sibanye is no stranger to uranium production. It shipped its first uranium oxide in 2014 from its Ezulwini plant. Speaking to investors on Thursday, CEO Neal Froneman, stated the growing commitment to nuclear energy especially in the Asia Pacific region, including its appeal as a green energy resource.Froneman said Sibanye had "significant uranium resources" at its Beatrix West and Cooke Tailings, as well as processing infrastructure."We have a significant asset base to build […]

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