Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.
The current Sandouville facilities, located in Normandy, France, include a hydrometallurgical nickel refinery with a capacity of 12,000 tonnes per year of high-purity nickel metal, 4,000 tpy of high-purity nickel salts and solutions and around 600 tpy of cobalt chloride.The $77 million deal - which is subject to various approvals including by the works council of Eramet Sandouville - follows Sibanye-Stillwater's investment in February in a 30% stake in the Keliber lithium hydroxide project, made in partnership...