Mining News

30 MW solar study will be concluded in second quarter of 2022 – RBPlat

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The feasibility study for the construction of the 30 MW modular photovoltaic plant for renewable energy will be concluded in the second quarter of 2022, platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) reported on Tuesday when it presented record financial results and declared a R1.5-billion dividend in addition to its R482.3-million share buy-back and redemption of a portion of its convertible bonds. The solar plant is envisaged for use during peak electricity load at RBPlat’s BRPM mine as part of a first-phase renewables programme of the Johannesburg-listed company. (Also watch attached Creamer Media video.)

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