Sibanye-Stillwater
Sibanye-Stillwater, formerly known as the Stillwater Mining Company, is engaged in the development, extraction, processing, smelting, refining and marketing of palladium, platinum and associated metals from a geological formation in Southern Montana known as the J-M Reef. This is the only know significant source of platinum group metals (PGMs) in the United States and one of the significant resources outside of the Russian Federation and South Africa. Platinum group metals are rare precious metals used in diverse applications for auto catalysts, fuel cells, hydrogen purification, electronics, jewelry, dentistry, medicine, coinage and other uses. The company conducts mining operations at its Stillwater and East Boulder mines in South-Central Montana. The primary product produced at the company’s mines is palladium. Concentrating plants are located at both mines to upgrade ore to a concentrate. The company operates a smelter, refinery and laboratory at Columbus, Montana, to further upgrade the concentrate to a PGM-rich filter cake. The company also processes spent catalyst materials through its recycling facility to recover PGMs. Sibanye-Stillwater’s corporate office is located in Billings.
In September 2012, Sibanye-Stillwater established the Sibanye-Stillwater Opportunity Endowed Scholarship to support students enrolled in specific programs at the City College at MSU Billings. The first scholarships were awarded in academic year 2012-2013.
Impact
“Thank you for restoring my faith in scholarships as I am the lucky recipient of the Stillwater Mining Company Opportunity Endowed Scholarship. This money will help me not stress over financial issues which will allow me to work less at my job. I want to focus my efforts on studying and learning as much as possible. Before this scholarship, I was wondering how I was going to be able to work as many hours as I have been and go to school at the same time. Your generosity is greatly appreciated. I will do my best to make sure this money is well spent.” — Allen G. Sustainable Energy Technician major