Appian begins legal proceedings in $1.2 bln claim against Sibanye-Stillwater ...Middle East

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Appian begins legal proceedings in $1.2 bln claim against Sibanye-Stillwater
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London-based investment firm Appian Capital Advisory's $1.2 billion compensation claim proceedings against South Africa's Sibanye-Stillwater for the termination of two mine deals have started in a UK court, the miner announced on Monday. Appian is seeking compensation after Sibanye pulled out of a deal to acquire two mines in Brazil in January 2022. Sibanye said it had received formal notification of Appian's legal action on May 27.

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