Wrap Text
Sibanye-Stillwater concludes collective bargaining agreement at Stillwater East mine and Columbus metallurgical facility
Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater”, “the Company” and/or “the Group”)
Website: www.sibanyestillwater.com
Sibanye-Stillwater concludes collective bargaining agreement at Stillwater East
mine and Columbus metallurgical facility
Johannesburg, 7 October 2026: Sibanye-Stillwater (JSE: SSW and NYSE: SBSW) is
pleased to announce that its workforce has ratified a new collective bargaining
agreement with the United Steel Workers International Union (USW) at the
Stillwater East mine and Columbus metallurgical facility in Montana in the United
States, effective retroactively from 1 June 2026 to 31 May 2029.
The new agreement covers a broad range of terms, including a wage increase of
4.5% in year one, the greater of 3.5% or Consumer Price Index (“CPI”) in year
two, and the greater of 3.0% or CPI in year three of the agreement.
The ratification of the collective bargaining agreement brings to a close the
strike notice and strike action since 3 September 2026 and employees are expected
to resume their duties in accordance with the approved work schedules on day
shift, Friday 9 October 2026.
Conclusion of new collective bargaining agreements at its US PGM operations
The newly ratified collective bargaining agreements at Stillwater East, the
Columbus metallurgical facility and East Boulder, respectively, represent an
important milestone in the transformation of the US PGM operations, supporting
the transition to fully mechanised mining, the implementation of team-based
incentives, and the alignment of certain legacy benefits with current United
States market standards.
Commenting on the conclusion of the collective bargaining agreement processes at
the US PGM operations, Richard Stewart, CEO of Sibanye-Stillwater, said: “We
would like to acknowledge the Stillwater East, Columbus metallurgical and East
Boulder employees and affiliated USW members for their constructive engagement
throughout the negotiations. We are pleased to have concluded multi-year
collective bargaining agreements that support the long-term sustainability and
competitiveness of the US PGM operations, preserving these strategic assets, in
the interests of all stakeholders.”
About Sibanye-Stillwater
Sibanye-Stillwater is a global mining and metals processing group with a diverse
portfolio of operations, projects and investments across five continents. The Group is
also one of the foremost global recyclers of a suite of metals and has interests in
leading secondary mining operations.
Sibanye-Stillwater is one of the largest producers and refiners of platinum group metals
(PGMs: platinum, palladium, rhodium, iridium and ruthenium) and is a top-tier gold
producer. It also produces nickel, chrome, copper, silver, cobalt and zinc. The Group has
also diversified into mining and processing battery metals and has increased its presence
in the circular economy by expanding its recycling and secondary-mining exposure
globally. For more information, see www.sibanyestillwater.com.
Investor relations contact:
Email: ir@sibanyestillwater.com
Website: www.sibanyestillwater.com
LinkedIn: https://www.linkedin.com/company/sibanye-stillwater
Facebook: https://www.facebook.com/SibanyeStillwater
YouTube: https://www.youtube.com/@sibanyestillwater/videos
X: https://twitter.com/SIBSTILL
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
DISCLAIMER
FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the “safe
harbour” provisions of the United States Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact included in this
presentation may be forward-looking statements. Forward-looking statements may be
identified by the use of words such as “will”, “would”, “expect”, “forecast”,
“potential”, “may”, “could”, “believe”, “aim”, “anticipate”, “intend”, “target”,
“estimate” and words of similar meaning.
These forward-looking statements, including among others, those relating to Sibanye
Stillwater Limited’s (Sibanye-Stillwater or the Group) future financial position,
business strategies and other strategic initiatives, business prospects, industry
forecasts, production and operational guidance, climate and ESG-related targets and
metrics, and plans and objectives for future operations, project finance and the
completion or successful integration of acquisitions, are necessarily estimates
reflecting the best judgement of Sibanye-Stillwater’s senior management. Readers are
cautioned not to place undue reliance on such statements. Forward-looking statements
involve a number of known and unknown risks, uncertainties and other factors, many of
which are difficult to predict and generally beyond the control of Sibanye-Stillwater
that could cause its actual results and outcomes to be materially different from
historical results or from any future results expressed or implied by such forward-
looking statements. As a consequence, these forward-looking statements should be
considered in light of various important factors, including those set forth in Sibanye-
Stillwater’s 2025 Integrated Report and annual report on Form 20-F filed with the
Securities and Exchange Commission (SEC) on 24 April 2026 (SEC File no. 333-234096).
These forward-looking statements speak only as of the date of this presentation. Sibanye-
Stillwater expressly disclaims any obligation or undertaking to update or revise any
forward-looking statement (except to the extent legally required).
Websites
References in this announcement to information on websites (and/or social media sites)
are included as an aid to their location and such information is not incorporated in, and
does not form part of, this announcement.
Date: 07/10/2026 09:17:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
