Investments by SA’s mining companies in renewable energy projects to reduce exposure to embattled power monopoly Eskom will worsen a growing lag in response to rising commodity prices.
It is taking SA’s mining companies longer and longer to respond to upticks in commodity prices by building and extending their assets because of a range of extraneous constraints of which Eskom is one.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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How renewable energy spend will cut SA mining investmentDesperate mining CEOs wanting to pump billions into their own energy projects to reduce exposure to Eskom, but it will come at a cost
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