Ivanplats signs ten-year green-electricity deal with Enpower for Platreef


Enpower Trading CEO James Beatty with Ivanhoe Mines senior legal counsel Natalie Harten
Registered energy trader Enpower Trading has signed a ten-year power purchase agreement (PPA) with platinum mine developer Ivanplats for the yearly delivery of 48.30 GWh of renewable electricity to the Platreef mine, which is under construction on the northern limb of the Bushveld Complex in Limpopo.
The wheeled electricity will be sourced from SolarAfrica Energy’s 342 MW SunCentral PV plant in De Aar, located in South Africa’s Northern Cape province.
The platinum/palladium/-hodium/nickel/gold/copper mine is expected to begin production in the fourth quarter of 2025 and Ivanplats MD Jacques Pretorius said the PPA underscored the mine’s commitment to sustainably supplying the “critical minerals needed for a greener future”.
Ivanplats is a 64%-owned subsidiary of Canada’s Ivanhoe Mines, which views construction under way at Platreef as the first phase of a multi-generational mining complex that will be expanded in phases over the next decade.
Enpower CEO James Beatty said the agreement exemplified how the mining and energy sectors could collaborate to support the green economy and economic growth.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation