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Southern Palladium
Southern Palladium Limited is a dual listed company advancing development of one of the world’s largest remaining undeveloped Tier-1 resources – the Bengwenyama PGM project.
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Introducing Bengwenyama
- A top tier PGM asset located in the world-class Bushveld Complex, South Africa
- Rich in platinum, palladium and rhodium – metals powering clean energy
About us
Southern Palladium Limited is a dual-listed company with listings on the Australian Securities Exchange (ASX: SPD) and the Johannesburg Stock Exchange (JSE: SDL). The Company holds a 70% interest in the Bengwenyama PGM project, located in the Eastern Limb of South Africa’s Bushveld Complex, home to the world’s largest known PGM reserves.
Latest updates
HIGHLIGHTS
MOZ
Total JORC-compliant resource
(UG2 + Merensky)
>
koz/yr
Stage 1 production from 2029
years
Life of mine from UG2 reef alone
%
Lower capex
Reduced peak funding requirement
% IRR
Strong economic returns
Why PGMs?
Platinum group metals (PGMs) are critical to future industries, from clean energy to automotive, artificial intelligence, medical applications and more.
With rising demand, limited supply and South Africa at the heart of production, PGMs offer strong long-term value.
Our community
Southern Palladium’s partnership with the Bengwenyama-ya-Maswazi community is central to our identity.
The community holds a 30%1 direct interest in the project, ensuring they share in its success. Our guiding principle is simple: development must respect history, preserve culture and create opportunity for future generations.
As South Africans prepare for the upcoming holiday period, Southern Palladium encourages everyone to prioritise safety on our roads. Increased traffic means increased responsibility – every safe decision helps protect lives.
Whether travelling near or far, we wish our employees, communities and partners safe journeys, a restful break, and a safe return.
Let’s all do our part to make our roads safer.
#SafetyFirst #RoadSafety #SafeTravels #SouthernPalladium #StaySafeSA #ArriveAlive
Communities in Mapodile and Ga Ragopola, Limpopo province, came together on 28–29 March 2026, to engage on progress and planned key milestones of the Bengwenyama PGM project.
The project, whose development will begin once its anticipated mining right is granted, has the potential to create more than 7,130 jobs at Stage 2 steady state, while unlocking meaningful local value through skills development and opportunities for local businesses.
We appreciate the participation and constructive input from Southern Palladium Limited, Nurinox, Miracle upon Miracle leadership, the Royal Family, the Traditional Council and community members. Ongoing engagement remains a priority as the project progresses into its next phase in the months ahead.
Follow our updates here on LinkedIn as we continue to share developments.
#BengwenyamaPGMproject #CommunityEngagement #SharedValue #MiningDevelopment
One of the most significant undeveloped PGM projects globally
