Stillwater Mining Company Description
Stillwater Mining has staked a claim to one of the few significant sources of platinum and palladium outside South Africa and Russia. The company extracts, processes, and refines platinum group metals (PGMs) -- platinum, palladium, and associated minerals -- at mines and a smelter in Montana. PGMs are used in catalytic converters for automobiles, as well as in jewelry and various industrial applications. Stillwater Mining produces some 400,000 ounces of palladium and 125,000 ounces of platinum annually. By-product minerals include copper, gold, nickel, and silver. The company has proved and probable reserves of 40 million tons of ore. Russian mining giant Norilsk Nickel owns a majority stake in Stillwater.
View the Comprehensive Company Description for Stillwater Mining
The Company Description provides a historical perspective of Stillwater Mining's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Stillwater Mining's evolution in the marketplace.
