Richards Bay Minerals signs agreement for an additional 140 MW of renewable energy
06 Junio 2024 - 8:11AM
Business Wire
Richards Bay Minerals (RBM) has signed a renewable power
purchase agreement (PPA) with Khangela Emoyeni Wind Farm (Pty) Ltd
to secure 140MW of wind energy from a new wind farm situated in the
Western and Northern Cape Province. The project is expected to
reduce RBM’s annual carbon emissions by 20%.
Parties to the 20-year PPA include African Clean Energy
Developments (Pty) Ltd (ACED), The IDEAS Fund (managed by African
Infrastructure Investment Managers), investment holding company
Reatile Group, and Rand Merchant Bank. EIMS Africa will be
responsible for asset management for the project.
Once constructed, the Khangela Emoyeni Wind Farm is expected to
produce approximately 460GWh of renewable energy annually and,
through a wheeling agreement with Eskom, will help power RBM’s
operations located in Richards Bay in KwaZulu-Natal. The project,
with an export capacity of 140MW, is expected to reach commercial
operation within 28 months.
Werner Duvenhage, Managing Director Richards Bay Minerals and
Rio Tinto Iron and Titanium African Operations said “As a world
leading mineral sands operation, we are determined to find better
ways to produce the materials the world needs and decarbonizing our
operations is one of them. Rio Tinto has committed to reduce Scope
1 and 2 emissions by 50% by 2030 and achieve net zero by 2050. The
Khangela Emoyeni Wind Farm has the potential to reduce RBM’s annual
carbon emissions by 20% and reduce our existing reliance on
traditional energy sources by 26%.”
In 2022 RBM signed a similar agreement for the Bolobedu Solar PV
plant in Limpopo with Voltalia. The Bolobedu solar PV project,
currently in progress is anticipated to meet 17% of RBM’s power
consumption by generating up to 300GWh of renewable energy per
annum.
Combined, the Khangela Emoyeni Wind and Bolobedu Solar projects
will supply approximately 42% of RBM’s existing energy needs and
present opportunities for job creation, skills development, and
knowledge transfer within local communities, surrounding the
project sites, during both the construction and operational
phases.
James Cumming, General Manager at ACED said, “We are immensely
proud to have achieved financial close and commenced construction
on Khangela Emoyeni Wind Farm, with Rio Tinto’s Richards Bay
Minerals. Not only will it provide RBM with clean energy for their
operations, but it will also help alleviate South Africa’s power
crisis.”
About Richards Bay Minerals
Richards Bay Minerals is a world leader in heavy mineral sands
extraction and refining. RBM mines mineral-rich sands in the
northern KwaZulu-Natal province and produces materials used in a
wide range of everyday products, from paints to smartphones. RBM is
committed to sustainable practices and making a positive impact on
the communities it serves.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240606081952/en/
Please direct all enquiries to media.enquiries@riotinto.com
Media Relations Richards Bay Minerals Zanele Zungu
M: +27 83 382 1314
Rio Tinto David Outhwaite M: +44 7787 597493
Rio Tinto plc 6 St James’s Square London SW1Y 4AD United
Kingdom T +44 20 7781 2000 Registered in England No. 719885
Rio Tinto Limited Level 43, 120 Collins Street Melbourne
3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004
458 404
riotinto.com
Category: RBM
Rio Tinto (NYSE:RIO)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Rio Tinto (NYSE:RIO)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024