S'abonner

South Africa: C5 Capital and Sibanye-Stillwater Partner to Advance Nuclear Energy Innovation

C5 Capital and Sibanye-Stillwater join forces to develop advanced nuclear energy projects in South Africa, the United States, and beyond, supporting the global energy transition with innovative solutions.

Share:

C5 Capital, a global specialist investment firm, has announced a strategic partnership with Sibanye-Stillwater, an international mining and metals processing group. This collaboration aims to explore opportunities in the development of advanced nuclear energy projects, particularly in South Africa, the United States, and other international markets.

Sibanye-Stillwater has recognized expertise in recycling precious metals and managing uranium resources. In South Africa, the group holds nearly 60 million pounds of uranium in its mineral resources, distributed between surface tailings at the Cooke Project and the underground Beatrix mine (Beisa section). These strategic resources play a critical role in powering Small Modular Reactors (SMRs), an emerging technology for clean nuclear energy development.

A partnership to accelerate the energy transition

C5 Capital, a signatory of the Net Zero Nuclear Industry Pledge, has set a target to triple global nuclear capacity by 2050. This ambitious project aligns with commitments made at the COP29 Conference in Baku, Azerbaijan, where 31 countries pledged their support for this initiative.

Neal Froneman, CEO of Sibanye-Stillwater, stated: “We are excited to collaborate with C5 Capital to explore promising opportunities in the uranium and clean energy sectors.” The alliance builds on the complementary expertise of the two companies, with Sibanye-Stillwater contributing its production capacities and C5 Capital its innovative investments.

Global perspectives for uranium and SMRs

The partners aim to identify, acquire, finance, and manage projects related to uranium and the infrastructure required for the SMR fuel cycle. These reactors, known for their modularity and low environmental footprint, are poised to play a central role in the energy transition.

Andre Pienaar, founder of C5 Capital, emphasized: “Combining C5’s innovative investments with Sibanye’s uranium production capabilities creates a transformative partnership for clean energy, both in South Africa and globally.”

This partnership reflects a growing trend of international collaborations to achieve carbon neutrality goals. With support from governments and investors, these initiatives could significantly enhance the role of nuclear energy in the future energy mix.

  • Populaires ​
MN8 Energy raises $575mn with Natixis CIB to strengthen its US solar debt
Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
TNB, Petronas and Terengganu Inc launch green hydrogen hub and hybrid solar in Malaysia
Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter
Azule Energy announces major offshore gas discovery in the Angolan Congo Basin
Bahrain signs civil nuclear agreement with the United States and announces $17bn in public investments
Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
Kairos Power completes installation of third prototype vessel in Oak Ridge
Kairos Power has installed the vessel for its third test prototype in Oak Ridge, aiming to validate manufacturing methods for its future Hermes reactor supported by the US Department of Energy.
UK and Czech Republic sign agreement to accelerate civil nuclear development
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
Nuclear Waste in France: Experts Call for Strengthened Safety Measures
Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.
Uzbekistan seals deal with Hungary for nuclear cooling technology
Uzbekistan advances its nuclear project by signing a protocol with Hungary for the supply and local assembly of dry cooling systems, expanding its industrial partnerships in the region.
Warsaw seeks EU green light for $49bn nuclear project
Polskie Elektrownie Jądrowe is asking the European Commission to review its $49bn investment to build Poland’s first nuclear power plant, a step required under the Euratom Treaty before any construction permit can be issued.
China urged to strengthen its nuclear regulator to keep pace with growth
The International Atomic Energy Agency mission completed on July 11 warns that the National Nuclear Safety Administration must hire staff to oversee a fleet of 59 reactors in operation and 32 more under construction.
Ukraine: Energoatom signs major agreements with Westinghouse and Holtec
Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.
Iran Relaunches Nuclear Dialogue to Negotiate with the United States, Russia Supports a No-Enrichment Deal
Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
TerraPower awards three major contracts for its Natrium reactor in the United States
TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.
EnergyX acquires 35,000 acres of US lithium from Pantera Lithium
Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.
Canada: CCSN approves the ARC-100 reactor design review
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
Lithuanian nuclear operator SE Ignalina signs agreement with Newcleo
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egypt: Supplementary agreements signed for the El Dabaa nuclear power plant
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra obtains approval to extend Perry nuclear plant operations
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF injects €1.3 billion into Sizewell C, its second British EPR
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
France: Cigéo nuclear waste underground storage project makes significant progress
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF launches its nuclear Technocentre in Fessenheim, estimated investment of €450 million
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear signs strategic agreement with UrAmerica on Argentine uranium
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
SHINE and Standard Nuclear form strategic partnership on recycled fuel
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING