Chemicals and energy group Sasol warned of a dramatic collapse in its 2020 financial performance on Tuesday, confirming that losses for the period would represent a deterioration of more than 100% when compared with results reported for the 2019 financ…
Sasol warns of dramatic earnings collapse as it confirms R112bn impairment Read More »
The significant news of last week is that Glencore will temporarily close its Australian coal mines over Sep-Oct, resulting in around 7-mn tons of production being cut, with some also coming from the closure of its Prodeco mine in Colombia. This helped…
Weekly Coal Index Report Read More »
Minerals Council South Africa is calling for the urgent development of a comprehensive and competitive greenfield exploration strategy, arguing that a far higher level of exploration is required to help stimulate higher levels of mining investment and …
Shareholder activism organisation Just Share has described the ‘Climate Related Financial Disclosures’ report published by Investec in May as having set a new benchmark for South African banks in climate-risk disclosure. The Just Share analysis has bee…
Just Share labels Investec’s climate-risk disclosure report as new benchmark Read More »
If the world economy fails to recover rapidly from the Covid-19 crisis and if efforts to curb emissions are moderately accelerated, it is possible that global fossil-fuel demand peaked in 2019, a new Boston Consulting Group (BCG) analysis shows. The an…
Covid-19 may have accelerated peak fossil fuel demand ‘by more than a decade’ Read More »
Chemicals and energy group Sasol intends issuing, during its current financial year, a request for proposals (RFP) for wind and solar projects with a combined capacity of between 200 MW and 300 MW having received a strong response to a market-testing r…
Chemicals and energy group Sasol intends issuing, during its current financial year, a request for proposals (RFP) for wind and solar projects with a combined capacity of between 200 MW and 300 MW having received a strong response to a market-testing r…
Electricity utility Eskom has called for bids for the design and construction of a battery energy storage system (BESS) to be installed at the Skaapvlei substation at Vredendal, in the Western Cape, where the group’s 100 MW Sere wind farm is located. T…
Eskom initiates procurement process for first large-scale battery energy storage system Read More »
Chemicals and energy group Sasol has issued a request for proposals (RFP) for the development of two embedded solar photovoltaic (PV) facilities of 10 MW apiece at its operations in Secunda, in Mpumalanga, and Sasolburg, in the Free State. The closing …
Sasol calls for bids for 10 MW solar plants at Mpumalanga, Free State operations Read More »
Steel producer ArcelorMittal South Africa (AMSA) has submitted two separate applications to the International Trade and Administration Commission of South Africa (Itac) requesting import protection on hot-rolled coil (HRC) and heavy structural beams re…
AMSA seeks import protection on hot-rolled coil and heavy beams Read More »
