Feb 23, 2007
Engineering|Africa|AngloGold Ashanti|Boeing|Engineering News|Hydropower|Metorex|Mining Weekly|Nuclear|Resources|Sallies|Water|Africa|Europe|China|South Africa|United States|Pebble Bed Modular Reactor|Energy|Mining|Nuclear|Richards Bay|International Bank For Reconstruction And Development|Bobby Godsell|Infrastructure|John Perlman|Martin Creamer|Power|Rail|Water|Engineering News|Mining Weekly
© Reuse this
Perlman: The preferred bidder for South Africa’s second nuclear power station is to be announced before April.
Creamer: We see that the government has declared uranium a strategic mineral. We also see that there is going to be a hydrofluoric acid plant in Richards Bay. That hydrofluoric acid is used in the enrichment of uranium, which South Africa is thinking of expanding and, of course, that boosts the mining activity both on the uranium side and the fluorspar side, because fluorspar miners like Metorex and Sallies can get into active mining expansions with all this nuclear promise. Then we have got the Pebble Bed Modular Reactor, which is still in the longer term picture, about eight years away from commercial activity, which has a tremendous export potential if we can prove the PBMR concept in South Africa and, we are looking to about 4 000 to 5 000 MW worth. Many people have said that PBMR could be to South Africa what Boeing is the US, it is almost like being able export the equivalent of a big passenger aircraft in terms of revenue and the world is needing that sort of pocket size of nuclear power that PBMR’s modular format offers.
Perlman: Martin, huge amount of work to be done in the African continent with regard to infrastructure. I believe people are talking about some sort of global partnership that might make this go a bit quicker.
Creamer: A global partnership to build Africa’s infrastructure has been mooted. Being considered is something similar to what took place when the World Bank created to rebuild Europe’s infrastructure. We see a scramble for resources in Africa. We see big activity by the Canadians, Australians, South Africans and the British. The feeling is now that the biggest disincentives to doing business in South Africa is the lack of infrastructure and the time has come for a global partnership where there is proper co-ordination. Were a World Bank type body to be formed, expenditure could be scaled-up and infrastructure development can be properly dealt with. There could be reciprocity from the mining companies that are now scrambling for resources. Not only is demand coming from China but China is also now directly involved in mining in Africa. What is envisaged is a World Bank type global partnership on physical infrastructure for Africa and the possibility of a public private partnership. You see many of the mining companies having to create the energy and water infrastructure themselves. Now, Bobby Godsell, CEO of AngloGold Ashanti, has mooted this idea of a global partnership for infrastructure in Africa.
Perlman: We started off at the laboratories, went down the rapid-rail track and all the way hydropower in the Free State. Always an interesting journey with Martin Creamer. Thanks very much. Martin Creamer is publishing editor of Engineering News and Mining Weekly, he’ll be back with us at the same time next week.
Edited by: Archivist© Reuse this Comment Guidelines (150 word limit)
Other Video News
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...