Scramble for battery metals creates a new 'gold rush' for Sibanye-Stillwater

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The global demand for electric vehicles has created a growing shift by miners into battery metals.
The global demand for electric vehicles has created a growing shift by miners into battery metals.
Fin24/File

Rising demand for electric vehicles has seen Sibanye-Stillwater develop an appetite for battery metals, with the company snapping up assets across the globe in a bid to cement its position as a competitive player in the growing sector.

On Thursday, Sibanye unveiled the latest addition to its growing asset base of battery metals: a 50-50 joint venture with US firm Pioneer in a Rhyolite Ridge Lithium-Boron project.

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