Serial Dealmaker Froneman Lured by Zambian Copper Mine Assets
- Sibanye CEO Froneman seeks foothold in copper-rich Zambia
- Company’s experience in deep-level mining would help at Mopani
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Sibanye Stillwater Ltd. boss Neal Froneman is interested in acquiring Mopani Copper Mines Plc in Zambia as he pushes to secure metals key to the green-energy transition.
The asset would give Johannesburg-based Sibanye a springboard into Africa’s second-largest copper producer, after the company pulled out of a Brazilian deal a year ago. Sibanye is among the investors involved in a sales process organized by Rothschild & Co. South Africa on behalf of state-owned ZCCM Investments Holdings.