Sibanye-Stillwater Q3 2026 adjusted EBITDA rises 9% year-on-year to R 10.8 billion
SBSW•Sibanye-Stillwater’s Q3 adjusted EBITDA rose 9% year-on-year to R 10.77 billion, while US PGM production fell 19% to 59,417 ounces. The company cut 2026 US PGM production guidance to 245,000–255,000 ounces.
1. Quarterly results and guidance
Sibanye-Stillwater’s Q3 2026 adjusted EBITDA rose 9% year-on-year to R 10.77 billion, supported by higher commodity prices. US PGM production fell 19% to 59,417 ounces after a strike disrupted the Stillwater mine and metallurgical complex, and the company cut 2026 US PGM production guidance to 245,000–255,000 ounces; guidance for its remaining operations was unchanged. A new US labor agreement introduced team-based incentives and work practices supporting the transition to fully mechanized mining.
