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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.
Today, we observe Human Rights Day and reflect on our shared responsibility to help build industries and communities grounded in dignity, fairness and accountability. At Southern Palladium, we seek to operate in a way that strengthens relationships with the communities in which we work and enrich their lives through meaningful participation.
As we advance the Bengwenyama PGM project into its next phase, we remain committed to establishing enduring partnerships characterised by mutual respect, active collaboration and a long-term commitment to human rights.
Today, we observe Human Rights Day and reflect on our shared responsibility to help build industries and communities grounded in dignity, fairness and accountability. At Southern Palladium, we seek to operate in a way that strengthens relationships with the communities in which we work and enrich their lives through meaningful participation.
As we advance the Bengwenyama PGM project into its next phase, we remain committed to establishing enduring partnerships characterised by mutual respect, active collaboration and a long-term commitment to human rights.
One of the most significant undeveloped PGM projects globally
