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India's Vedanta Aluminium turning to renewables, not adding coal capacity, CEO says

Published: 22 May 24

Indian metals-to-oil conglomerate Vedanta's aluminium business will no longer add coal-fired capacity, its CEO said, in the company's biggest move yet toward renewable energy. Vedanta Aluminium, the country's biggest producer of the metal, aims to increase the share of renewable energy it is using to 30% by 2030 from nearly 5% now, John Slaven told Reuters in an interview.

Falling EV sales are upending banker climate strategies

Published: 22 May 24

Electric vehicles (EVs) have swiftly gone from a rare bright spot in the fight against climate change to a cause for concern. A slowdown in EV adoption has potentially huge implications for the energy transition. It also has ramifications for the many financial institutions that have pledged to decarbonize the loans and investments they make.

Congo lawyers say received new evidence on Apple's minerals supply chain

Published: 22 May 24

International lawyers representing the government of the Democratic Republic of Congo said on Wednesday new evidence gathered from whistleblowers indicates that Apple is sourcing minerals from conflict areas in the east of the country. In a statement, the lawyers urged Apple to answer questions about its supply chain in the country, and said they were evaluating legal options. Apple did not immediately respond to Reuters request for comment.

West Red Lake hits high grades at new Madsen zone

Published: 22 May 24

TSX-V-listed West Red Lake Gold Mines has intersected high-grade mineralisation at its Madsen mine, in Ontario, with results as high as 37.33 g/t gold over 2.79 m and 5.26 g/t over 9 m at the North Austin zone. The latest round of drill results from Madsen were all drilled from underground on the North Austin zone, which represents a new area of high-grade mineralisation extending the current Madsen resource to the north-east.

Daimler Truck Southern Africa's Mercedes-Benz eActros electric heavy commercial truck

Daimler Truck Southern Africa launches electric heavy-duty truck range

Published: 22 May 24

Original-equipment manufacturer (OEM) Daimler Truck Southern Africa (DTSA) has launched a line of electric heavy-duty trucks, called eActros, as part of its Power Up electric mobility offering. The fully battery-electric truck range includes the Mercedes-Benz eActros 300, comprising 4 x 2 and 6 x 2 wheelbase configurations, the Mercedes-Benz eActros 400 in a 6 x 2 wheelbase configuration, as well as a truck tractor variant.

Westwell to retire as Sasol chairperson

Published: 22 May 24

Stephen Westwell will, on June 1, retire as nonexectutive director and chairperson of chemicals and energy group Sasol, after having served on the board for 12 years. Lead independent director Muriel Dube will take up the position of acting chairperson until a full-time successor is appointed.

BDO South Africa partner Nato Oosthuizen

Opinion: Let’s talk about the well-lit elephant in the room

Published: 22 May 24

In this article, BDO South Africa partner and renewable energy expert Nato Oosthuzen writes shares his insight on where the country is at with loadshedding and the reasons why he is cautiously optimistic about the potential for a brighter future for South Africa.

BHP-Anglo prospects flag more M&A ahead for miners

Published: 22 May 24

BHP's bid for Anglo American underlines the growing appetite for energy transition metals like copper from miners who must become more aggressive to secure new projects or risk missing out, investors and mining CEOs said on Wednesday. The bid by the world's biggest listed miner for Anglo is expected to whet appetite for more deals in the sector whether it goes ahead or not, they said.

City of Cape Town Mayoral Committee Member for Economic Growth Alderman James Vos

Cape Town is leading the country’s green energy transition, affirms city Alderman

Published: 22 May 24

Cape Town is really taking the lead in the green energy transition, affirmed the city’s Economic Growth MMC, Alderman James Vos, on Tuesday. He was opening Western Cape trade, tourism and investment promotion agency Wesgro’s Green Hub pavilion at the Enlit Africa 2024 exhibition, in the Cape Town International Convention Centre. He highlighted that the city had a R4-billion budget, over the next three years, to upgrade and maintain its electricity grid, to enable the green energy transition. One of the priorities of this programme was to ensure grid stability, for, without grid stability, green electricity was going to go nowhere.

South Africa refiles work-permit changes to create nomad visa

Published: 22 May 24

South Africa’s Department of Home Affairs refiled long-awaited changes to its work-permit regime to allow for the creation of a so-called nomad visa for remote workers. The May 20 gazetting of the changes, which had last month been withdrawn after the department failed to observe a mandatory period for public comment, means that the changes are now law.