South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum.
Under Indonesian mining rules, foreign controlled miners are required to reduce their ownership to 49% or below within 10 years of starting operations.
The move is part of the company's efforts to increase its footprint beyond beyond Burundi, where it runs the continent's only producing rare earths mine.