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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.
Southern Palladium Executive Chairman Roger Baxter will today present at the Noosa Mining Investor Conference, showcasing how significantly improved Definitive Feasibility Study (DFS) metallurgical results are enhancing the value of the Bengwenyama project and reinforcing its position as a premier PGM and chrome co-product development opportunity.
Key DFS highlights include:
- 85.6% estimated chromite recovery, up from 30% in the PFS
- 87.6% overall PGM recovery
- Higher PGM concentrate grades
- An optimised process flowsheet designed to support stronger project economics
With the DFS on track for completion, Bengwenyama continues to gain momentum as one of the Bushveld Complex’s most compelling Tier 1 PGM-chrome development projects.
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, and the further upside for SPD as the DFS progresses. WATCH 👇
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
