Robert Senat's questions to Sibanye Stillwater (SBSW) leadership • H1 2025
Question
Robert Senat of Seaver Hill Capital asked why Sibanye Stillwater has not acquired silver assets to further diversify its portfolio, suggesting it would complete a 'royal flush' of commodities.
Answer
Richard Stewart, CEO Designate & Executive Director, noted that the company already has significant exposure to silver, producing nearly 2 million ounces annually through its recycling operations. He highlighted this as an effective, low-capital way to gain material exposure to critical metals like silver as part of its broader strategy.