Sibanye-Stillwater to acquire metals recycler Metallix for $82m
This acquisition is set to bolster Sibanye-Stillwater's global recycling footprint and enhance its processing capacity, technology and expertise.
Metallix, with a history spanning more than six decades, specialises in producing recycled precious metals from industrial waste streams.
Its operations in Greenville, North Carolina, have processed approximately 4.2 million pounds of precious metal-bearing waste materials, resulting in the production of significant quantities of copper, gold, iridium, palladium, platinum, rhodium and silver in the 12 months leading up to 31 December 2024.
The integration of Metallix's operations with Sibanye-Stillwater's existing recycling facilities in Montana and Pennsylvania is expected to strengthen the latter's logistical capabilities.
This strategic move is expected to enhance the group's ability to source materials from diverse regions and offer comprehensive solutions to its customers.
Sibanye-Stillwater CEO Neal Froneman said: 'We are excited to be adding Metallix to our existing recycling footprint – the scale, technology and know-how adds positively to our existing recycling operations and advances our urban mining strategy.
'We expect significant value uplift through the large number of synergies with our existing recycling operations.'
According to the latest audited financial data, Metallix has demonstrated positive earnings and cash flow, indicating that its addition to the Sibanye-Stillwater Group will have an immediate beneficial impact.
The acquisition is due to be finalised in the third quarter of 2025, pending the necessary regulatory approvals.
In May 2025, Sibanye-Stillwater reported a 17% increase in the projected cost of its Keliber lithium project in Finland, now estimated at €783m ($880m), up from the previous €667m.
"Sibanye-Stillwater to acquire metals recycler Metallix for $82m" was originally created and published by Mining Technology, a GlobalData owned brand.
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CNET
28 minutes ago
- CNET
My Simple Keys to Negotiating a Better Deal for Your Internet Service
Internet service isn't cheap, with the average monthly internet bill coming to around $78. And that often doesn't include equipment rental fees. On top of that, a recent CNET survey revealed that 63% of US adults are paying more for internet than they did last year. Yet, much of what we do -- including remote work, school, telehealth and staying connected with family -- relies on having a solid internet connection, so it's a necessary expense many of us just accept. But what happens when your bill starts creeping up and you don't qualify for low-income internet programs like Lifeline? One way to fight back is by negotiating with your provider, an old-school tactic that can still save you money. My wife is the champion negotiator and dealmaker of our household. Before we met, she'd already crushed significant life moments, including buying a house, hammering out a great deal on a new car and getting the best possible salary offer for a new job. So when it came time to gather guidance for negotiating with your internet service provider, you'd better believe I started with her. "Kindness is key," she said. "Always be friendly and courteous." Why? Because the person on the other end of the phone (or online chat, as the case may be) is much more likely to work with you if met with decency and patience. Your customer service rep isn't doing an easy job and they want to help, so why not start off on the right foot? I could fill an entire column with my wife's negotiating tips and tricks, but I've also sought professional advice from internet insiders. As you might imagine, some gave me standard company lines about how every customer gets the same high-value offers or how each agent works tirelessly to ensure everyone gets the best possible price daily. You know the drill. Locating local internet providers We all know that's not 100% true, or providers wouldn't constantly be changing their promotions and deals. 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On the other hand, if you've been with the same ISP for several years, there's a much better chance of finding a flexible attitude. In that case, the provider should be much more motivated to keep you as a subscriber because there's no financial benefit claimed from your loss. Either way, having this basic information handy will help you better make your claim. You can also do yourself a favor and set the stage for a more profitable exchange by paying your bills on time. Once you've built up months or years of steady, on-time payments, the sales agent will likely see you as a valuable customer and one worth keeping happy. Decide what you actually need Don't be an impulsive internet shopper. Before negotiating with your ISP, determine your goals for the call. Keep in mind it's not always just about cutting a deal for a lower monthly bill. Yes, knocking a few bucks off each month's bill is great, but it might not ultimately be the best approach to your household internet needs. 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Don't always splurge for the speediest plan While download speed is undoubtedly essential in figuring out what type of plan best fits you, it's not the only factor. An Xfinity spokesperson said it's best to look into the total value of an internet service rather than simply stopping at speed. Can you get mobile service included? How about access to Wi-Fi hotspots? Value can come in multiple ways, not just in your download speed. The AT&T spokesperson agreed. "What discounts or special offers are available to you? There may be discount offers for qualifying customers that you should inquire about. Some providers may also offer subscriptions for streaming and other services that could make a package more enticing," she said. You can help yourself out by putting in just a little work before the call. For instance, look beyond download speed and consider your data usage. Are you paying extra for unlimited data and not using it? Or, perhaps more commonly, do you tend to exceed your data limit and incur additional charges? Consider if there's an unlimited add-on option that'll save you money in the long run. Also, gather your facts about what you're currently paying. Do you already have a promo rate? Are there any deals you're taking advantage of right now? You can check out our round-up of some of the best deals, TV bundles and mobile bundles for internet customers. Don't get caught flat-footed, or you'll risk losing a reasonable price in the hunt for a better bargain. If you're not taking advantage of any deals or offers, look up the promotional discounts offered to new customers and ask your ISP to match that. It's also worthwhile to check for online-only deals so you can ask for the equivalent for your existing account. fizkes/Getty Images 3. Know your options before you call Sorry to mix metaphors, but if you plan on playing hardball, don't bluff if you have no hand. Before you threaten to cancel your subscription, ensure your address is serviceable for other providers by using tools like the FCC broadband coverage map to see what internet options are available at your address. Otherwise, your ISP will know that you don't have other options. On the other hand, you can politely but squarely use this to your advantage if you do have options. At face value, you might have a cheaper plan than what you found on a competitor's site. But as you consider that alternative option, you might discover it's a fiber connection with much faster upload and download speeds. You could get a faster, better online experience at a lower cost per Mbps for just slightly more per month. But such a pivot might not be available to all. In addition to serviceability, you also have to answer another question. Is switching to another ISP even an option? For instance, if you live in an apartment complex, does your leasing company have an exclusivity agreement with your provider? My wife and I learned this the hard way. When we moved to the Charlotte area, we were excited about ditching our old ISP, but our hopes were dashed when we learned that our housing development had a contract with the same provider, so we didn't have the same range of choices as other city residents. Consider the different internet connection types available at your address. Is satellite internet an option? It's often cast as the only viable alternative for rural or suburban customers. But be aware of satellite dish installation regulations in your area, set by your homeowners association or in your lease rules. Lastly, is 5G home internet an option at your address? Verizon and T-Mobile are aggressively expanding the coverage areas for their respective services and looking to lure new customers. These services offer better download speeds than satellite and much more affordable rates. (Unlike satellite services, there are no equipment rental or purchase fees to add to your monthly costs.) Slow internet? We've got tips to speed it up Slow internet? We've got tips to speed it up Click to unmute Video Player is loading. Play Video Pause Skip Backward Skip Forward Next playlist item Unmute Current Time 0:31 / Duration 1:32 Loaded : 100.00% 0:31 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 1:01 Share Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset Done Close Modal Dialog End of dialog window. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Slow internet? We've got tips to speed it up 4. Ask for what you want before you give up You've researched, collected your facts and jotted down your goals for the call. Preparation is the key to success, but now it's time to seal the deal. To get the best deal for your budget, you need to call and ask for what you want. "Any customer has the right to seek changes to their plan if they choose to do so," the AT&T spokesperson said. "There's not really a specific time of year for deals, but customers should check ISPs' websites regularly for any new updates or offers they can take advantage of." Goad offered that moving season from May to October is a prime time to find offers, incentives and promotions. That said, it's also a time when your customer experience might not be as good as if you called during a different time. "If you think about it, if you're going to shop on Black Friday, it's a different experience than if you shop on March 12," Goad said. 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Forbes
29 minutes ago
- Forbes
Samsung Makes New 5 Year Credit Offer To Galaxy Z Fold 7 Buyers
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Washington Post
an hour ago
- Washington Post
Trump is off to a good start with an AI action plan
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