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Sibanye Stillwater reports Q3 adjusted EBITDA of $662 million, up 9% year-on-year
SBSWSibanye Stillwater Ltd
Sibanye Stillwater reported a 9% year-on-year increase in third-quarter adjusted EBITDA to R10.8 billion (US$662 million), driven by higher commodity prices and improved performance at South African operations. US PGM production fell 19% due to a five-week strike, leading to revised annual guidance of 245k-255k 2Eoz. The company finalized a new collective bargaining agreement with the United Steelworkers Union, introducing team-based incentives. Executive changes include Henk de Hoop appointed as Global Head of Sales and Marketing, while Kleantha Pillay will depart in January 2026. Sibanye Stillwater is a diversified mining group focused on platinum group metals, gold, and lithium.