By Michael Susin
Sibanye-Stillwater Ltd. said Thursday that it has launched a new operational plan for its U.S. platinum group metals operations to reflect the change in the macro environment.
The Johannesburg-listed precious metals miner said that it currently targets a production growth to 700,000 ounces by 2027.
The company added that the new plan will focus on a sustainable cost management--known as all-in sustaining cost--below $1,000 per ounce equivalent in medium and long-term.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
08-11-22 0836ET