Southern Palladium advances tier-one PGM project in South Africa
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Southern Palladium advances tier-one PGM project in South Africa
Southern Palladium (ASX:SPD, JSE:SDL) is progressing its flagship Bengwenyama project in South Africa’s eastern Bushveld Complex—home to more than 80% of the world’s platinum group metals (PGM) resources. The company holds a 70% stake in the tier-one asset, which boasts a 40Moz resource, including 8Moz measured and indicated in the high-grade UG2 reef. A 2024 PFS outlined compelling economics: US$1bn post-tax NPV, 28% IRR, and free cash flow of …
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