Sedibelo Resources Limited (SED)

Sedibelo Resources was planning to go public, but the IPO was withdrawn on Aug 1, 2023.
Stock Price: Pending
IPO price not available yet

Company Description

Sedibelo Resources is an established South African producer of platinum group metals (“PGMs”), with a portfolio of high-quality PGM growth projects and an exclusive license within a majority of the Southern African Development Community region for a next-generation processing technology that we believe will facilitate the production of finished metal with a lower environmental impact than traditional smelting.

For the years ended December 31, 2021 and 2020, we produced and sold 98 koz and 129 koz, respectively, of platinum, palladium, rhodium and gold (collectively “4E”).

According to the Technical Report Summaries, our production is forecast to grow by 326% to 417 koz 4E per annum in 2030 (100% basis).

We currently operate the Pilanesberg Platinum Mine on the Western Limb of the Bushveld Complex, an open pit mining operation which commenced production in March 2008 are advancing two high quality PGM expansion projects.

The Bushveld Complex is a well-established producing region for PGMs, which according to CRU contained approximately 91% of the world’s PGM-bearing ore in 2020 and represented 70%, 34%, and 78% of global platinum, palladium and rhodium production in 2020, respectively.

Sedibelo Resources Limited
Country Guernsey
Founded 1999
Industry Materials
Sector Metals & Mining
Employees 2,061
CEO Erich Clarke

Contact Details

Address:
Oak House, Hirzel Street
St Peter Port, GY1 3RH
Guernsey
Phone +44 (0) 1481 740521
Website sedibeloplatinum.com

Stock Details

Ticker Symbol SED
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001883037
SIC Code 1090

Key Executives

Name Position
Arne Frandsen Non-Executive Director (Chairman)
Erich Clarke Executive Director (Chief Executive Officer)
Keith Liddell Non-Executive Director
Raphael Vermeir Non-Executive Director
Lumkile Mondi Non-Executive Director
Janet Blas Non-Executive Director
Stephanie Anderson Non-Executive Director
Tshokolo Petrus Nchocho Non-Executive Director
Michael Solomon Non-Executive Director

Latest SEC Filings

Date Type Title
Aug 1, 2023 RW Filing
Sep 14, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Jul 29, 2022 F-1 Registration statement for certain foreign private issuers
Apr 26, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Apr 26, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Apr 26, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 16, 2021 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 16, 2021 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 16, 2021 DRS/A [Amend] [Cover] Draft Registration Statement
Oct 15, 2021 DRS/A [Amend] [Cover] Draft Registration Statement