ESG Frontiers

BLACKROCK’S U-TURN ON CLIMATE: A Lifeline for South Africa’s Coal Sector?

The world’s biggest asset manager announced last week Thursday it will leave the $60-trillion 0Net Zero Asset Managers Initiative (NZAMI), the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians and, chiefly, from the return of Donald Trump to the White House. BlackRock, which manages some $11.5 trillion,…

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BLOOMBERGNEF FORECAST: $2.1 TRILLION INVESTMENT ignites SA Manganese Prospects

Despite a decade of expansion in production and exploration, metal supply remains inadequate to meet soaring demand, BNEF’s Transition Metals Outlook 2024 reports.  This supply crunch poses a risk towards the adoption of clean energy technologies. The report highlights that critical energy transition metals, including aluminium, copper, and lithium, may experience supply deficits within this…

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CR TO USA BUSINESS: Colonial Extraction is Over, Critical Minerals to drive SA Industrialisation

Riding on the success of South Africa’s GNU and the tailwinds of his successful mission to China, President Cyril Ramaphosa addressed the Business Council for International Understanding (BCIU) that the new wave of energy transition minerals, referred to as critical minerals, will not be allowed to take the colonial patterns where raw ore was exported…

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LONG-AWAITED CRITICAL MINERALS STRATEGY Still Under Development: Mantashe

South Africa’s mining industry is increasingly diversifying from an era that was associated with gold mining to an industry with a diverse range of mineral resources such as platinum group metals (PGMs), coal, gold, copper, manganese, vanadium, and other natural resources that are considered critical for the just transition. Gwede Mantashe, South Africa’s Minister of Mines, delivered these remarks at the…

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