Stillwater Mine Closing 2025 Closure. Stillwater Major road closure planned after Lumberjack Days The state labor department said Thursday the 700-worker layoff represents about 13% of payroll jobs in Stillwater and Sweet Grass counties, as well as about 16% of mining jobs statewide Citing the continuing plunge in the palladium market, Sibanye Stillwater announced Thursday in a letter to employees that it will undergo restructuring and layoffs at its Montana operations
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On Wednesday morning, MTN News was granted a tour of the Stillwater Mine in Nye and the Columbus metallurgical complex to see how operations were going since the layoffs took effect. Senator Steve Daines of Montana said in a news release: "Heartbreaking news out of Sibanye-Stillwater Mine as 700 hard-working Montanans are set to lose their jobs." The news release also.
Stillwater Mine Closing 2024 Dates Wilie Julianna
The restructuring is likely to result in platinum and palladium production from the Stillwater assets in the US being reduced by approximately 200,000 ounces from 2025 The company says more cost-cutting is required at its American mining assets, after previously writing down their value by about $2.4 billion. the Columbus warehouse and the Nye mine in Stillwater County, and the East.
Stillwater Mine Closing 2024 Schedule Ilene Lavinie. Sibanye-Stillwater encourages its stakeholders to participate in the CMSI's first. The restructuring is likely to result in platinum and palladium production from the Stillwater assets in the US being reduced by approximately 200,000 ounces from 2025
Stillwater Mine Closing 2024 Schedule Alma Lyndel. In 2017, the South African mining company acquired the Montana site through the $2.2bn purchase of Stillwater Mining and had already reduced some positions at the mine to reduce expenses The state labor department said Thursday the 700-worker layoff represents about 13% of payroll jobs in Stillwater and Sweet Grass counties, as well as about 16% of mining jobs statewide.
Printable We Will Be Closed on New Year's Day Sign. Despite the challenges, Froneman described the Montana mine as a "strategic asset" in March, stating that "it was not due for closure at this stage". Sibanye-Stillwater has reported its operating and financial results for the six months and year ended 31 December 2024.