Anglo American Platinum is assessing gas and renewable energy options in hopes of easing the impact of load shedding on its operations in the short term.
Speaking at the release of the company's annual results, CEO Natascha Viljoen said the team at Amplats is looking at a number of near-term solutions –"probably gas, battery storage" – to provide the miner with near-term alternative options for backup power.Read this for free Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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High costs and lower volumes slash Amplats earnings nearly 40%The full dividend for 2022 will be about 60% smaller than 2022’s R80bn pay out
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Headline earnings fall for AmplatsAnglo American Platinum, the world’s biggest platinum producer, declared a R9bn final dividend in 2022 after headline earnings fell on softer metal prices and a decline in sales volumes.
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