Stillwater Plans to Sell 25% of Platinum Group Metals Project

Reuters reported Stillwater Mining Co (NYSE:SWC) will sell a fourth of its stake in the Marathon platinum group metals and copper project in Canada.

As quoted in the market news:

Mitsubishi, Japan’s largest trading house, will be responsible for funding its 25 percent share of expenditures on the properties, and will also have an option to purchase up to 100 percent of the PGM production under a related supply agreement.

Click here to read the full Reuters report.