11:09 AM EDT, 10/07/2025 (MT Newswires) -- Sibanye Stillwater ( SBSW ) said Tuesday that its Springbok solar photovoltaic project in South Africa has attained commercial operation.

The company said it is an anchor off-taker of the project, which is expected to result in 60 million South African rand ($3.5 million) in annual cost saving for its operations in the country.

Sibanye Stillwater ( SBSW ) said it will procure half of the plant's capacity for a 10-year period and has an option to extend the duration through a power purchase agreement with South African independent power producer SOLA Group, which developed and financed the 150-megawatt alternating current solar project.

Shares of Sibanye Stillwater ( SBSW ) were up over 2% in recent trading.

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