Mining News

Bafokeng clinch green business boost as part of Northam platinum deal

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Royal Bafokeng Holdings has accepted an unsolicited offer from Northam Platinum for up to a third of Royal Bafokeng Platinum (RBPlat) in a R17-billion transaction that opens the way for the community to accelerate into the fast-growing green energy economy with Northam’s help. Royal Bafokeng Holdings will have its cake and eat it by continuing to be an investor in platinum group metals while also being the beneficiary of linked decarbonisation and green business developments that come with renewable energy generation and the potential conversion of carbon-free industrial activity and green hydrogen mobility.

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