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Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

Amplats inks 20-year energy offtake agreement with Envusa

06 march 2024

Anglo American Platinum (Amplats) has signed a 20-year energy offtake agreement (EOA) with Envusa Energy through its fully-owned Rustenburg Platinum Mines (RPM) subsidiary.

Envusa is a collaboration between EDF Renewables and Amplats’ parent firm, Anglo American, to create a renewable energy ecosystem in Southern Africa.

Envusa will provide RPM with about 460 MW of renewable energy from its Koruson 2 solar and wind facilities located on the border of the Eastern Cape and the Northern Cape Provinces in South Africa.

This will be facilitated through the South African power utility, Eskom's electrical system, as per the EOA.

The Koruson 2 projects are set to commence construction this year, and all projects are anticipated to be operational by 2026.

“The conclusion of the EOA with Envusa to secure clean energy for our operations is a significant milestone in our journey towards our decarbonisation commitments, ensuring that our PGM metals, which are themselves critical to enabling the just energy transition, are produced in a safe and sustainable manner, supporting our environment, social, and governance leadership priority,” said Amplats chief executive Craig Miller.

"In addition, the generation of energy from these wind and solar projects will provide further resilience to Eskom’s national electricity provision and reduce our electricity costs.”

Amplats seeks to decrease its greenhouse gas emissions by 30% by 2030 and attain carbon-neutral operations by 2040.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished