Southern Palladium Secures $20 Million Funding to Accelerate Bengwenyama PGM Development
Southern Palladium has successfully secured $20 million in funding to advance its Bengwenyama PGM project in South Africa’s Bushveld Complex. The company is progressing toward a final investment decision in 2026 with a staged development approach that reportedly offers strong economics and reduced capital requirements.
Funding Boost for PGM Development
Southern Palladium has reportedly secured $20 million in funding to accelerate development of its Bengwenyama platinum group metals (PGM) project in South Africa’s Limpopo province, according to recent reports. The Sydney- and Johannesburg-listed company’s successful capital raise has attracted significant shareholder support, positioning the project for accelerated advancement toward production.