As is required by the South African Competition Act No. 89 of 1998, the required stakeholders have also been duly notified.
Sibanye-Stillwater and Lonmin remain fully committed to the proposed transaction which they continue to expect to close in the second half of this year. CEO of Sibanye-Stillwater, Neal Froneman, and CEO of Lonmin Ben Magara, commented on the filing. They said: “We are delighted to have filed the submission with the South African competition authorities. The proposed transaction remains in the best interest of stakeholders and will create a leading mine-to-market producer of PGMs in South Africa.”
