Mining News

Multiple renewable energy forms being evaluated across South Africa – Anglo Platinum

Platinum group metals (PGMs) miner and marketer Anglo American Platinum (Amplats), which on Monday reported a record 2021 financial performance, is collectively evaluating options to access multiple forms of renewable energy across South Africa, including hydro pump power and wheeling renewable energy to the grid. The Johannesburg-listed company set 2030 targets to improve energy efficiency and reduce absolute greenhouse gas emissions by 30% against the 2016 baseline and to achieve zero Scope 1 and 2 emissions by 2040, Amplats CEO Natascha Viljoen said on Monday, when the company reported earnings of R108-billion, net cash of R49-billion and a return on capital employed of 183%. (Also watch attached Creamer Media video.)

Share this article