News Formal

Market pressure spurs South32 to accelerate plans for 'green aluminium' at Hillside

  • 📰 News24
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Market demand from Europe and elsewhere is driving South32 to consider how to green its SA aluminium production more quickly.

Growing demand for cleaner, greener inputs in Europe is spurring South32 to accelerate decarbonisation plans for its Hillside aluminium smelter in Richards Bay, the largest of its kind in the southern hemisphere.

In terms of its own decarbonisation plans, South32 wants to cut its operational greenhouse gas emissions in half by 2035. Key to this is cutting emissions at Hillside, which account for the bulk of the group's carbon footprint by virtue of its massive consumption of Eskom's coal-fired electricity. Now it's exploring the possibility of piggybacking off the power from the Koeberg nuclear power station as a short-term solution, and it has signed a non-binding memorandum of understanding with the power utility.Get 14 days free to read all our investigative and in-depth journalism.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blitzboks in market for new captain after suffering massive 'Shakes' blowSweet and sour for Blitzboks following news that one stalwart is returning to the sevens fold and another is ruled out for the entire season before it even started.
Source: TheSAnews - 🏆 25. / 59 Read more »

BRICS Summit 2023 paves path for intra-market growth and African expansionA varied panel discussed topics spanning market access expansion to entrepreneurship's role in driving economic growth at the BRICS summit.
Source: TheSAnews - 🏆 25. / 59 Read more »

Mobile RAN market shrinks at fastest pace in 7 yearsThe market for the gear that handles mobile communications declined at the fastest pace in almost seven years last quarter.
Source: TechCentral - 🏆 8. / 71 Read more »

Ekurhuleni property market suitable for first time buyersEast Rand metro is more than just a dormitory city for Johannesburg. Here is why it has become a good location for first time home buyers.
Source: BoksburgNews - 🏆 40. / 51 Read more »

Mamelodi Sundowns 'forced' to dip into transfer marketIf Rhulani Mokwena is to be believed then Mamelodi Sundowns will dip back into the transfer market very soon.
Source: TheSAnews - 🏆 25. / 59 Read more »