Southern Palladium Advances Bengwenyama PGM Project with Strategic Developments

Southern Palladium Ltd. ( (AU:SPD) ) just unveiled an announcement.

Southern Palladium Ltd has completed a Prefeasibility Study for its Bengwenyama PGM project, positioning it in the lowest quartile of the PGM cost curve with a post-tax NPV of US$1.06 billion and a 28% IRR. The company is advancing its project development activities, including a Definitive Feasibility Study and additional permit applications, while awaiting approval for its Mining Right Application expected in Q2 2025. The strategic location and potential project enhancements aim to accelerate production and unlock significant near-term value, with ongoing discussions with funding partners.

More about Southern Palladium Ltd.

Southern Palladium Ltd is a dual-listed company focused on platinum group metals (PGM), particularly palladium and rhodium. The company is developing the advanced Bengwenyama PGM project located in South Africa’s Bushveld Complex, a region known for its rich mineral resources.

YTD Price Performance: -61.67%

Average Trading Volume: 23,886

Technical Sentiment Signal: Buy

Current Market Cap: A$20.92M

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