Sibanye Stillwater Q1 PGM output down 10% due to power cuts, US disruptions
PGM production from operations in southern Africa and the US declined to 480,481 ounces in Q1, down from 533,237 ounces during the same period last year.
According to Fitch Ratings, the commodity price rally is pushing companies to rebalance their capital allocation towards decarbonization investments and growth.
The world's biggest listed miner overcame a protest vote on concerns that some of the long-term plans lacked detail, with Australia-based shareholder proxies voting 86% in favour.