Sibanye-Stillwater eyes control of Finnish lithium firm

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The miner, which wants to increase its presence in battery metals, may spend as much as €446m for most of Keliber

Sibanye-Stillwater says it is in talks to take a controlling stake in Finnish lithium firm Keliber, and may ultimately spend as much as €446m as it eyes 80% of a firm that is gearing up to be the first fully integrated lithium producer in Europe.

Sibanye has been on a drive to diversify away from precious metals into battery metals, and picked up a 30.29% stake in Keliber in February...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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