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Southern Palladium
Southern Palladium is a dual-listed company advancing development of one of the worldโs largest remaining underdeveloped tier-1 resources โ the Bengwenyama PGM-Chrome project.
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Bengwenyama PGM-Chrome Project
One of the Worldโs Significant Undeveloped PGM-Chrome Resources Located on South Africaโs Bushveld Complex, Bengwenyama combines scale, grade and strategic chrome co-product potential.
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Advancing metals for the future
Southern Palladium secures the Mining Right for the Bengwenyama PGM-Chrome project, taking the project from planning to execution.
The project is now materially de-risked, progressing towards completion of the DFS and being prepared for mine development.
About us
Southern Palladium is developing a globally significant PGM-chrome project for a rapidly evolving world. The Bengwenyama PGM-Chrome project is located in the Eastern Limb of South Africaโs Bushveld Complex, home to up to 80% of the worldโs PGM reserves. Bengwenyama has been granted a Mining Right and is being advanced to the next phase of development.
Why future-facing metals?
Bengwenyama offers exposure to two strategically important metal groups: PGMs and chrome. PGMs are vital in cleaner technologies, mobility, medical and industrial applications, while chrome is essential to stainless steel, supporting infrastructure, construction and manufacturing. This combination strengthens Bengwenyamaโs relevance, value and long-term strategic importance.
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 Palladiumโs 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.
“๐๐ณ ๐๐ผ๐ ๐๐ฎ๐ป๐ ๐๐ผ ๐ฑ๐ฒ๐๐ฒ๐น๐ผ๐ฝ ๐ฎ ๐๐ผ๐ฟ๐น๐ฑ-๐ฐ๐น๐ฎ๐๐ ๐ฃ๐๐ ๐ฝ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐, ๐ฆ๐ผ๐๐๐ต ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎ ๐ถ๐ ๐๐ต๐ฒ ๐ฝ๐น๐ฎ๐ฐ๐ฒ ๐๐ผ ๐ฑ๐ผ ๐ถ๐.”
As Joburg Indaba 2026 comes to a close, this observation from Southern Palladium Executive Chairman Roger Baxter captures a recurring theme from the discussions: confidence in South Africa’s mineral potential remains strong.
Home to the Bushveld Complex and some of the world’s most significant PGM resources, South Africa continues to offer a compelling destination for long-term mining investment and development.
For Southern Palladium, that opportunity is reflected in the Bengwenyama PGM+Chrome Project, where the focus remains on advancing a quality asset through a disciplined development pathway.
While the conference discussions may be over, the message is clear: South Africa’s next generation of mining projects will be built on investment, innovation and a shared commitment to unlocking the country’s exceptional mineral potential.
#JoburgIndaba #SouthernPalladium #Mining #PGMs #Bengwenyama #MiningInvestment #FutureOfMining #SouthAfricaMining
Via Investor Stream: Southern Palladium Limited’s (ASX: SPD; JSE: SDL) latest DFS testwork has reshaped how the market views the project, and Bridge Street Capital Partners. responded with analysis that lifted its valuation by about 20% on the back of the results. That shift was driven in large part by chrome moving from a secondary contributor to a meaningful revenue driver, with stronger recoveries and improved project economics.
Alex Paull of Investor Stream spoke with Bridge Street Capital analyst Dr Chris Baker to discuss the catalysts for the conceptual valuation of A$9.80 per share, as well as delving into the impact of these changes,ย and the further upside for SPD as the DFS progresses. WATCH ๐
https://lnkd.in/gaUTA4AA
#SPD #SDL #PlatinumGroupMetals #PGMs #Chrome #Mining #DFS #Equities #MiningStocks #ResourceStocks #CriticalMinerals #Commodities #InvestorStream
One of the most significant undeveloped PGM projects globally
