Impala Platinum has announced its plans to build a solar energy plant in Brazil.
The plant will have a capacity of over 100 MW and will be based in the company's platinum group metals operations in Rustenburg in the Northwest province. The plant will be located within Impala’s mining lease.
Impala Platinum is a subsidiary of the Johannesburg Stock Exchange-listed Implats.
For the solar energy plant, the company has called for “engineering, procurement, and construction firms to participate in a request-for-information process for the construction and operation of the solar plant.”
The latest development comes as Impala aims to achieve carbon neutrality by 2050. This achievement means there will be a 30% reduction in carbon emissions target by 2030.
The company plans to achieve this by addressing power constraints and working towards its commitment with strategies.
According to the company, “the adoption of renewable electricity will be crucial in achieving these goals and mitigating electricity supply disruptions for the group’s largest consumer, the Impala Rustenburg operation,” a local report mentioned.