Sibanye-Stillwater files antidumping petition in America against Russian palladium imports

MULTINATIONAL mining and metals processing group Sibanye-Stillwater, which is listed in South Africa and America, has filed an antidumping petition with the US Department of Commerce and the US International Trade Commission (ITC) on imports of unwrought palladium from Russia.

- PHILIPPA LARKIN

Sibanye-Stillwater, together with the representative union at its US PGM operations in Montana, the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (United Steelworkers Union), said on Thursday they have initiated legislative processes intended to ensure the sustainability of Sibanye-Stillwater's US PGM operations and protect the long-term viability of domestic United States platinum group metals (PGM) supply.

Neal Froneman, the CEO of Sibanye-Stillwater, said, “We believe that Russian palladium imports are being sold below market prices due to various factors, beginning primarily after the Russian invasion of Ukraine in 2022.