By: ICN Bureau
Last updated : March 24, 2021 3:18 pm
The strategic partnership between the two companies will focus on developing a number of opportunities to drive technological innovation and ensure more sustainable supply chains for customers.
Johnson Matthey and Sibanye-Stillwater are pleased to announce that they have formed a strategic partnership to identify and develop solutions to drive decarbonisation and the more efficient use of critical metals such as pgms and metals used in battery technology.
The challenge of tackling climate change has resulted in nations around the world setting net zero targets to drive decarbonisation through supply chains. At the same time, customers and consumers are increasingly demanding responsibly sourced raw materials and products.
The strategic partnership between the two companies will focus on developing a number of opportunities to drive technological innovation and ensure more sustainable supply chains for customers. Johnson Matthey and Sibanye-Stillwater will collaborate on the sourcing and application of pgms and metals used in battery technology to enable the development and commercialisation of low carbon technologies, with a focus on circularity and sustainability. In addition, the companies will examine potential opportunities to apply their collective experience to support the development of more sustainable supply chains for battery materials.
The companies will combine their extensive expertise in metals recycling to improve current technologies, particularly for ‘difficult to recover’ materials.The strategic partnership builds on the existing relationship between the two companies, which has ensured security of supply of crucial pgms into many industries. Johnson Matthey and Sibanye-Stillwater have also extended their current pgm supply and refining agreements to ensure long term sustainable supply for Johnson Matthey’s products and customers.
Commenting, Robert MacLeod, Chief Executive of Johnson Matthey said, “We are delighted to announce this important partnership with Sibanye-Stillwater to accelerate development of the low carbon technologies and sustainable supply chains needed for a cleaner, heathier world. We are excited to bring together our complementary expertise to help secure a more sustainable future for tomorrow’s industry.”
Commenting, Neal Froneman, CEO of Sibanye-Stillwater said, “We are delighted to enter into this world-class partnership which further advances our commitment to creating a greener future, by developing technologies for a better tomorrow, utilising the metals we produce. Fast-tracking green technology and working together to achieve ESG excellence will enable us to continue to improve lives and the environment.”