News2018-08-01T16:20:10+01:00

South Africa’s largest wheeling project celebrates official commissioning

Vertically-integrated renewable-energy solutions provider the Sola Group has celebrated the official commissioning of South Africa’s largest operational wheeling project, which will add 256 MW of renewables capacity to the national grid to power mineral sands miner Tronox Mineral Sands’ operations in the country.   Speaking to Engineering News and Mining Weekly in an exclusive interview [...]

George promises wide consultation on 2025 decarbonisation pledge

Forestry, Fisheries and the Environment Minister Dr Dion George has promised “wide consultation” on South Africa’s next nationally determined contribution (NDC) decarbonisation pledge that will be lodged with the United Nations next year. Delivering his maiden Budget Vote, George stressed that South Africa remained a responsible global citizen and committed to the multilateral rules-based regime [...]

South African power auction model may be rolled out across Africa

The Development Bank of Southern Africa (DBSA) said it’s seeking to roll out a tendering model across the continent for the supply of power from renewable energy that’s attracted more than R200-billion in private investment into South Africa. The Independent Power Producers Office, established by the state bank in 2010, has held a series of [...]

Consortium receives maiden vessel at Port of Lobito as concession takes shape

The Lobito Atlantic Railway (LAR) consortium has received the first vessel at the Port of Lobito’s mineral terminal, marking the start of the group’s port operations in Angola. LAR is the concession holder for the operation, management and maintenance of the railway linking Angola to the Democratic Republic of Congo (DRC).

Green ammonia ousting coal in power stations, R105bn hydrogen developer reports

Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development in Europe and the Far East is not going to affect the South African coal industry yet, Hive Hydrogen GM Colin Loubser emphasised [...]

South Africa plans US mission to lobby against review of ties

South Africa’s newly formed government will use an upcoming forum on US preferential trade access to push back against a Senate review of ties between the two countries. The House of Representatives last month passed a law requiring a full assessment off bilateral relations and submitted it to the Senate for approval. South African business [...]

Nuclear industries association welcomes proposed new nuclear build programme

The Nuclear Industry Association of South Africa (Niasa) has “warmly” welcomed Energy and Electricity Minister Dr Kgosientsho Ramokgopa‘s “significant” announcement that the country is close to launching a programme to build 2 500 MW of new nuclear power capacity in the country. New nuclear was part of the energy mix contained in the country’s Integrated Resource [...]

Maersk tankers and competitors bet billions on ammonia fuel carriers

Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being produced today — wagering it will become integral to the industry’s decarbonisation drive. Firms including Maersk Tankers, two Greek shipping magnates and two top Japanese lines, have collectively ordered $16-billion of vessels, [...]

IMF slashes Botswana’s 2024 growth forecast amid diamond market woes

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The budget deficit is also expected to widen to 6% from 3.45% due to a fall in mineral revenues, the IMF said, urging the [...]

Shanghai Week’s platinum futures poised to manage price risk, boost demand

Platinum’s appeal is being bolstered by its wide discount to gold, increasing industrial applications, and inclusion on the critical mineral lists of many countries, World Platinum Investment Council (WPIC) CEO Trevor Raymond highlighted at the culmination of Shanghai Platinum Week, where day-one viewership reached the 455 000 level. Poised to transform domestic price risk management [...]

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