Saturday, 22 February 2025

Focus on Sibanye-Stillwater

FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo
BusinessCritical MineralsEconomyFinanceMiningNewsRegulations

US Treasury allows miners to access clean energy manufacturing subsidy

The U.S. Treasury will now allow some mining firms to access a tax credit for clean energy components, after industry pushback.

FILE PHOTO: A logo of Sibanye Stillwater is seen at a mine in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisBusinessCritical MineralsLegislationMiningPoliticsRegulations

Analysis: Sibanye’s Montana woes underscore miners’ growing reliance on Washington

U.S. mining's future hinges on government support amid foreign competition, as shown by Sibanye’s Montana layoffs.

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