Sibanye-Stillwater Closes EUR 5 Million of Equity Investment in Keliber
On 14 March 2022, in line with the investment agreement, the final tranche of Sibanye Stillwater Ltd’s (SSW) investment in Keliber was closed with SSW subscribing 125,000 shares for EUR 5 million. This increases SSW’s shareholding to approximately 30%.
It is SSW’s final tranche of the EUR 30 million phased equity investment the companies announced on 23 February 2021.
SSW subscribed shares for a total of EUR 15 million in March 2021 and for an additional EUR 10 million in September 2021.
For more information, please contact
Riku Sauso, Chief Financial Officer, Keliber, mobile +358 50 354 1133, riku.sauso@keliber.fi
Keliber in Brief
Keliber is a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide, utilising its own ore, in 2024.