Quarterly Activities/Appendix 5B Cash Flow Report
Open PDF
| Stock | Southern Palladium Ltd (SPD.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 2:12 p.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Southern Palladium Reports Improved DFS Results for Bengwenyama Project
Key Points
- DFS metallurgical test work significantly improved chrome and PGM recoveries
- Chrome recovery increased from 30% to 85.6%, making chrome a key revenue stream
- PGM recovery improved from 85.3% to 87.6%, enhancing overall project value
- Company's balance sheet is strong, with a cash balance of A$23.88 million
- Early development planning is subject to Mining Right grant and environmental approvals
Full Summary
Southern Palladium Ltd reported significant advancements in the Bengwenyama project, particularly in the June 2026 quarter. The Definitive Feasibility Study (DFS) metallurgical test work demonstrated outstanding results, improving chrome and PGM recoveries. Chrome recovery increased from 30% to 85.6%, transforming it into a significant co-product. PGM recovery improved from 85.3% to 87.6%, enhancing overall project value. The company's balance sheet remains strong, with a cash balance of A$23.88 million. Early development planning is pending the granting of the Mining Right and environmental approvals.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In