Sibanye Stillwater reports 9% increase in adjusted EBITDA

Sibanye Stillwater Limited has released an operating update for the third quarter ending September 30, 2026. The company reported that its adjusted EBITDA rose by 9% year-on-year to 10.8 billion Rand (approximately 662 million US dollars), a growth supported by higher commodity prices.

Operational performance improved compared to the previous quarter for South African PGM and gold operations, while production remained stable at the Century zinc reprocessing plant. However, US-based PGM operations were impacted by labor disputes. Despite the strike in the US, the group remains on track to meet its annual operational guidance.

The company also noted the conclusion of the US-PGM wage agreement and the introduction of team-based incentives, marking a transition toward a more mechanized and productive operating model in the United States.