In 2017, Sibanye Gold (now Sibanye Stillwater) announced the acquisition of Stillwater Mining in an all-cash deal valued at $2.2 billion. This acquisition was completed in May 2017, and Stillwater Mining’s stock was delisted. Sibanye Stillwater saw the acquisition as an opportunity to enhance its footprint in the PGM market, especially in palladium, where Stillwater Mining was one of the largest producers globally.

The merger provided Sibanye Stillwater with a diversified portfolio of PGMs, including palladium, platinum, and rhodium, and strengthened the company’s position as a key player in the global PGM market. Following the acquisition, Sibanye Stillwater continued to expand and increase its production of PGMs while maintaining a focus on sustainability and responsible mining practices.

Investing in Sibanye Stillwater (SBSW)

Since SWC stock no longer exists, investors interested in gaining exposure to the same business should consider investing in Sibanye Stillwater (SBSW), which is traded on the New York Stock Exchange and other international exchanges. Sibanye Stillwater is now one of the largest PGM producers globally and also has a diversified mining portfolio, including gold and battery metals.

Sibanye Stillwater’s stock has attracted attention due to the growing demand for palladium, which is primarily used in catalytic converters for gasoline-powered vehicles. With the increasing push for cleaner emissions and the transition to hybrid and electric vehicles, palladium remains crucial for the automotive industry, which continues to benefit Sibanye Stillwater's bottom line.

Conclusion

While SWC stock itself no longer exists due to the acquisition of Stillwater Mining by Sibanye Stillwater, investors who were previously interested in SWC can now explore investment opportunities in Sibanye Stillwater (SBSW). Sibanye Stillwater is a global leader in the production of palladium, platinum, and rhodium, and its diversified mining operations provide a strong platform for growth.

As with any investment, it is essential for investors to evaluate market conditions, including the demand for PGMs, global economic trends, and environmental regulations, which can impact the performance of Sibanye Stillwater and its stock. shutdown123