ESG Frontiers

MINING AND TECH TAKE CENTER STAGE: US-Saudi Arabia $600 Billion Deal

The United States and Saudi Arabia have formalised an agreement to collaborate on mining and mineral resources, forming a key component of a sweeping economic and strategic partnership valued at a staggering $600 billion. This extensive package, announced during U.S. President Donald Trump’s visit to the Kingdom, also encompasses landmark deals in defense and cutting-edge…

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SOUTH AFRICA RACES AGAINST “GAS CLIFF” as Energy Infrastructure Investments Intensify

South Africa is intensifying its efforts to overhaul its energy infrastructure amidst growing concerns over an impending “gas cliff” that threatens significant economic disruption and job losses. Recent government announcements highlight a two-pronged strategy focusing on boosting gas-to-power (GtP) capacity and expanding liquid fuel import and storage facilities. However, these initiatives are unfolding against the…

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MERIDIAN ECONOMICS REPORT: Battery Energy Storage Key to Cost Savings for South African Companies

A groundbreaking study by Meridian Economics reveals that battery energy storage can be a game-changer for South African businesses, unlocking significant cost savings and a more sustainable energy future. This report, published on the first week of December 2024, highlights the financial viability of investing in behind-the-meter batteries, emphasising their potential to reduce energy costs…

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IEA REPORT OUTLINES $2.3 TRILLION INVESTMENT Needed for Africa’s Energy Transition

Meeting Africa’s escalating energy demands necessitates a significant increase in investment in clean energy projects, alongside urgent measures to overcome financial obstacles, according to a recent report by the International Energy Agency (IEA). The report, titled Clean Energy Investment for Development in Africa, emphasises the immediate investment priorities and financing strategies essential to transform these…

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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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APPETITE FOR BATTERY METALS  Puts Zimbabwe’s Lithium Potential in the Spotlight

Indonesia has announced its plans to explore lithium mining opportunities in Zimbabwe as part of a broader strategy to strengthen economic cooperation between the two countries. This move aligns with Zimbabwe’s ambitious goal of expanding its economy to $12 billion by 2030, primarily through its mining sector. The country’s battery assets have garnered attention at both…

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