The Elements of Innovation Discovered

Russian PGM dump leads to US miner layoffs

Metal Tech News - September 16, 2024

Sibanye-Stillwater gives notice to hundreds of Montana miners as palladium prices collapse.

Sibanye-Stillwater, the only platinum and palladium mine in the United States, gave employees a 60-day notice of upcoming layoffs – blaming a loss of more than $350 million since the beginning of 2023 and plummeting metal pricing due to predatory Russian price dumping.

The South Africa-based miner expanded...

 

Reader Comments(0)

 
 
Rendered 01/26/2025 00:09