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Press Office - WEG Africa

Schneider Electric welcomes Ziphozihle Wonci as new CFO for Anglophone Africa operations
Schneider Electric welcomes Ziphozihle Wonci as new CFO for Anglophone Africa operations
25th February 2025

Schneider Electric, the world’s most sustainable company and a leader in the digital transformation of energy management and automation, is pleased to announce the appointment of Ziphozihle Wonci... 


Woodside sees $1.2bn US LNG play paying off as Trump policies drive deals
Woodside sees $1.2bn US LNG play paying off as Trump policies drive deals
25th February 2025 By: Reuters

Woodside Energy, Australia's top gas producer, is well positioned to capitalise on demand for US liquefied natural gas driven by President Donald Trump’s trade policy and pro-fossil fuel agenda,... 


Russian President Vladimir Putin
Putin outlines potential aluminium, rare earth deals with the US
25th February 2025 By: Reuters

Russian President Vladimir Putin offered the US the opportunity for joint exploration of the country's rare earth metals deposits, as well as the supply of aluminum to the US domestic market, under... 


Woodside Energy CEO Meg O'Neill
Woodside Energy's annual profit hits 3-year low on weak oil and gas prices
25th February 2025 By: Reuters

Australian oil and gas major Woodside Energy reported its smallest annual underlying profit in three years on Tuesday, hurt by lower realised prices, but maintained its 2025 output forecast on... 


The Secunda complex
Sasol cuts emissions-reduction capex as it confirms rejigged plan
24th February 2025 By: Terence Creamer

JSE-listed Sasol has confirmed significant changes to its emission reduction roadmap (ERR), while also announcing material reductions to its capital expenditure requirements for implementing the... 


DRDGOLD CEO Niël Pretorius.
‘Exciting’ DRDGOLD projects ‘advancing well’ as 2028 Vision gets big gold price boost
24th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD’s projects under way are “advancing very well” as the gold-from-tailings company’s 2028 Vision gets a massive boost from the sky-high gold price. Mining... 


An image of ACED CEO James Cumming
Ishwati Emoyeni Wind Farm reaches financial close, construction under way
24th February 2025 By: Tasneem Bulbulia

Renewable-energy companies African Clean Energy Developments (ACED), Energy Infrastructure Management Services (EIMS) Africa and NOA Group Trading report that financial close has been reached and... 


two lit light bulbs
Nersa approves generation capacity charge, sets out other retail tariff plan changes
24th February 2025 By: Darren Parker

The National Energy Regulator of South Africa (Nersa) has approved, in principle, power utility Eskom’s application for a proposed generation capacity charge (GCC),  but adjusted to reduce the... 


Sasol CEO Simon Baloyi
Repurposed Twistdraai destoning plant key to Sasol’s plan for recovering Secunda’s output
24th February 2025 By: Terence Creamer

Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it... 


Engen Empowers its Workforce by Launching Historic Employee Share Ownership Plan
24th February 2025

Engen, South Africa’s largest petroleum and convenience services company and a member of the Vivo Energy Group, is proud to announce the launch of its first-ever Employee Share Ownership Plan... 


Atrum Coal moves forward with legal action against Alberta government
Atrum Coal moves forward with legal action against Alberta government
24th February 2025 By: Mariaan Webb

Australia-based Atrum Coal is proceeding with its legal claim against the Alberta government, reaffirming its stance that the province’s coal mining restrictions amount to de facto expropriation of... 


Construction involves the installation of 550 concrete columns, ranging from 2.1 metre to 4.8 metre in height
Concor powers progress on fourways main roof works projects
24th February 2025

Concor has made substantial headway on the Fourways Main Roof Works Project, a pivotal component of the ongoing Fourways Mall Repositioning Project. As the largest shopping centre in Africa, with a... 


Image of the Wärtsilä next generation 46TS engine
Next generation engine helps balance renewables and improve power plant performance
24th February 2025

Technology group Wärtsilä launched its 46TS engine, which is designed to balance renewable energy, provide efficient baseload power, and have the ability to run on sustainable fuels in the future.... 


Ukraine President Volodymyr Zelensky and US Treasury Secretary Scott Bessent
Zelenskyy says US minerals deal must include military guarantees
24th February 2025 By: Bloomberg

Ukrainian President Volodymyr Zelenskyy said the US dropped its demand for Kyiv to commit to paying $500-billion as part of talks to give Washington a cut of the country’s mineral wealth. But... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Eskom says maintenance focus to shift to balance of plant, after failures lead to shock Stage 6 return
23rd February 2025 By: Terence Creamer

After taking the shock decision to ramp up loadshedding to Stage 6 in the early hours of Sunday February 23 - having declared Stage 3 on Saturday - Eskom is aiming to bring a halt to rotational... 


An image of Econometrix chief economist and director Dr Azar Jammine
Budget speech delay indicative of a ‘robust democracy’ – economist
21st February 2025 By: Tasneem Bulbulia

The unprecedented delay in South Africa’s Budget speech this week reflects several positives for the country and, if the country is able to leverage infrastructure spending and tackle structural... 


Business Leadership South Africa CEO Busisiwe Mavuso
Panellists discuss local business environment amid Budget speech postponement
21st February 2025 By: Sabrina Jardim

Following the postponement of the Budget speech from February 19 to March 12, panellists at the PwC ‘Responsible growth for a sustainable future’ panel discussion, on February 21, considered South... 


FNB White paper
Sustainable energy presents significant opportunities for SA businesses
21st February 2025

The majority of South African electricity is generated through fossil fuels – particularly coal – contributing to the rapid warming of the planet, extreme weather patterns, rising sea levels, and... 


Yancoal Australia posts smaller annual profit on fall in coal prices
Yancoal Australia posts smaller annual profit on fall in coal prices
21st February 2025 By: Reuters

Yancoal Australia forecast flat production estimates for fiscal 2025 on Thursday while reporting a 33% fall in annual profit due to lower coal prices. The coal miner expects attributable saleable... 


Itac finds prima facie evidence of flat-rolled product dumping from China, Japan and Taiwan
21st February 2025 By: Schalk Burger

The International Trade Administration Commission of South Africa (Itac) has determined that there was prima facie evidence that certain flat-rolled products of iron, non-alloy or other alloy steel... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 


An image of the Solar Butterfly
SolarButterfly educational tour to reach Waterfall City soon
21st February 2025 By: Sabrina Jardim

The SolarButterfly – a solar-powered, 30-ft-long house in the shape of a butterfly, which charges an electric vehicle that tows it – is undertaking a tour across South Africa as part of a worldwide... 


The Kendal power station
Ramokgopa hints that new IRP includes 10-year delay to coal shutdowns
21st February 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the... 


Growthpoint Longkloof Precint The Refinery
Growthpoint completes redevelopment of historic Longkloof Precinct
21st February 2025 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint has completed the multiyear, multimillion-rand redevelopment of the historic Longkloof Precinct in a heritage-led project to inject new life into... 


The green economy is real and offers real opportunities for Africa
21st February 2025 By: Rebecca Campbell

“You see the whole world focused on climate, and focusing on Africa,” highlighted Sanlam Investments CEO Carl Roothman in his address on the second day of Africa’s Green Economy Summit (AGES) 2025,... 


Indian miner Vedanta's shareholders, creditors clear way for five-way split
21st February 2025 By: Reuters

Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all of its... 


Indonesia Minister says Freeport can resume copper concentrate exports
21st February 2025 By: Reuters

The Indonesian government has agreed to allow copper miner PT Freeport Indonesia to resume exports of copper concentrate until repairs at its smelter are completed, Energy and Mineral Resources... 


Photo of Martin Creamer
On-The-Air (21/02/2025)
21st February 2025 By: Martin Creamer

Martin Creamer talks about ferrochrome, Amplats rebrand and green hydrogen. 


DLO, Longyuan train 100 youth in renewables skills in De Aar
21st February 2025 By: Schalk Burger

Just energy transition social enterprise the DLO Skills Initiative has partnered with Chinese renewable energy company Longyuan South Africa Renewables to provide 100 unemployed youth in De Aar... 


Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 


Cameco CEO Tim Gitzel
Cameco sees uranium price inflation from US tariffs
21st February 2025 By: Mariaan Webb

Toronto-listed Cameco has warned that a proposed 10% US tariff on Canadian energy products, including uranium, could lead to significant price inflation in the global uranium market, even though... 


Teck CEO Jonathan Price
Teck CEO downplays potential impact of proposed US tariffs
21st February 2025 By: Mariaan Webb

Canadian copper and zinc miner Teck Resources CEO Jonathan Price has moved to assure investors that the company remains well positioned, despite potential trade tariffs that may be imposed by the... 


Image of Anjo plant aquifer thermal energy storage (ATES) system
Anjo plant aquifer thermal energy storage system, Japan
21st February 2025 By: Sheila Barradas

Manufacturer and distributor of automotive parts Aisan Industry Co plans to build a large-scale aquifer thermal energy storage system, which uses groundwater as a heat source for heating and... 


BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

The Namibia-based Etango uranium project of Australian uranium development company Bannerman Energy is advancing towards production, with first uranium output expected in 2028. The project is set... 


JOHN SISAY
Despite Namibia’s growing reputation in the global mining sector, much of its land remains underexplored
Mining sector in global spotlight
21st February 2025 By: Simone Liedtke

Namibia’s mining industry is gaining global recognition, driven by strong regulations, clear policies and a commitment to economic growth, reports copper mining company Consolidated Copper CEO John... 


The above image depicts Zero USV MD Matthew Ratsey
Uncrewed surface vehicles transform maritime security, defence
21st February 2025 By: Lynne Davies

Uncrewed surface vehicles (USVs) are redefining defence and security by enhancing efficiency and reducing risks in maritime operations, says marine automation company Zero USV. By removing the... 


An image of Servaas Kranhold
Sector performance predicated on successful energy adaptation
21st February 2025 By: Lumkile Nkomfe

While mining companies in South Africa are increasingly setting ambitious carbon net zero targets, translating these into tangible actions is a long-term challenge, highlights global professional... 


An image of Joseph Mainama
Due diligence a cornerstone of mining’s future – consultancy
21st February 2025

It is increasingly vital for shareholders and financiers to get expert and independent corroboration on mining resources, plans, valuations and other aspects of each venture as mining projects are... 


An image of Shammy Luvhengo
Coal to remain relevant in energy transition – miner
21st February 2025 By: Lumkile Nkomfe

The concurrent use of coal and renewable energy has been identified as a tenable strategy for development of emerging players in South Africa’s mining sector, says midtier coal miner Ndalamo... 


An image of Vuslat Bayoglu
Budding developer prioritises diversification
21st February 2025 By: Lumkile Nkomfe

More opportunities are likely to emerge in the manganese value chain in future, following anticipated growth in demand for manganese ore and its products including ferromanganese. “This is being... 


PROMISING PROSPECT
Exploration programmes at Lithium Ridge have found continuous mineralisation along a 6 km strike length, with reverse circulation drilling intercepting lithium grades of up to 2.13% lithium oxide
Partnership inked to develop lithium mine
21st February 2025 By: Donna Slater

As a testament to Namibia being a Tier 1 mining jurisdiction, specialty minerals miner SQM has partnered with critical raw materials producer Andrada Mining, contributing a $20-million investment... 


An image of Nivaash Singh
Regulations continue to discourage explorers
21st February 2025 By: Lumkile Nkomfe

Mining regulations in South Africa are hindering any meaningful exploration activity, with explorers reducing prospecting budgets, and exploration capital being deployed elsewhere where such... 


An image of Ralf Hennecke
Endeavouring to reach 2030 ESG targets
21st February 2025

Closer collaboration within Africa’s mining ecosystem will be required if the sector is to meet its ambitious environmental, social and governance (ESG) targets for 2030, reports blasting... 


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