Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

South Africa and Germany to cooperate on green hydrogen energy

30 june 2023

South Africa and Germany signed an agreement to cooperate on green energy transition and created a special Hydrogen Task Force to tackle its implementation.

On Wednesday, Kgosientsho Ramokgopa, South Africa’s minister in charge of electricity, and German vice-chancellor, Robert Habeck, officially forged a collaboration, SA news portal The Citizen reported. According to the source, the groundbreaking move will harness the vast potential of green hydrogen, placing South Africa as one of the key players in this industry.

The Hydrogen Task Force will explore funding mechanisms to support the growth of green hydrogen and PtX value chains, while identifying key challenges for the development of both nations’ value chains. Furthermore, this task force will create business opportunities for South African companies to interact with German counterparts.

South Africa has the largest platinum group metals (PGM) deposits in the world, accounting for about 80% of total reserves. Because of this, the country plays a major role in hydrogen production necessary for future implementation of green energy transition.

Automotive sector is expected to be one of the main focuses of this transition, and Germany is a major car producer. This sector accounts for about 23% of its GDP annually. The country that is considered one of the spearheads of the EU is also interested in reducing its carbon footprint, and the cooperation with South Africa may enable it to speed up the green energy transition.

Naledi Pandor, the minister of international relations and cooperation of South Africa, said Germany is the largest trading partner of the country on the continent, and the third largest source of tourists visiting the country.

Theodor Lisovoy for Rough&Polished