SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business. "The addition of Reldan, at an opportune time in the recycling business cycle, is set to unlock significant value for the group," said Neal Froneman, CEO of Sibanye-Stillwater. Reldan processes industrial and electronic waste. It [...] The post Sibanye-Stillwater concludes $155.9m Reldan recycling deal appeared first on Miningmx.
Reldan is a Pennsylvania-based company that provides services such as scrap metal recycling, refining, and waste handling for sectors including energy and electrical.