Our PGM operations in South Africa and Zimbabwe primarily produce platinum, palladium, rhodium, iridium and ruthenium, together with the gold occurring as a co-product. We report on 4E PGMs and the ratio of production (the prill split) in 2024 for the SA PGM was approximately 59% platinum, 30% palladium, 9% rhodium and 2% gold. Significant by-products produced from these operations include chrome, copper and nickel.
The PGM-bearing concentrate of our SA PGM operations is processed at our precious metals refinery located in Brakpan, east of Johannesburg and by third parties for some of the operations.
Our SA gold operations produce a beneficiated doré, which is then further refined at the Rand Refinery. Sibanye-Stillwater has a 44% equity interest in Rand Refinery, one of the largest refiners of gold globally.

