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Press Office - WEG Africa

Image of South Africa flag and periodic table symbols for platinum, palladium, rhodium and gold
Karo platinum project, Zimbabwe – update
19th April 2024 By: Sheila Barradas

Project development is continuing. 


Artist's impression of the Natrium plant
Natrium reactor demonstration project, US – update
19th April 2024 By: Sheila Barradas

TerraPower has submitted a construction permit application to build a reactor plant. 


Image of uranium ore
Salamanca uranium project, Spain – update
19th April 2024 By: Sheila Barradas

Berkeley Energia has reported that it remains committed to the project. 


Image of hammered gold bar
Lady Julie gold project, Australia
19th April 2024 By: Sheila Barradas

A prefeasibility study has confirmed the project as financially robust, with low-cost, high-margin gold production. 


Image of solar panels and wind turbines
St Ives hybrid microgrid project, Australia
19th April 2024 By: Sheila Barradas

The project will reduce the mine’s Scope 1 and 2 emissions by an estimated 50% in 2030 against the mine’s 2016 baseline. 


Location of the proposed Wallsend project
Lhyfe Wallsend, UK
19th April 2024 By: Sheila Barradas

Lhyfe aims to cut thousands of tonnes of carbon dioxide with the project, thereby supporting the UK’s net-zero ambitions. 


Image of solar battery energy storage facility
Oriana solar project, US
19th April 2024 By: Sheila Barradas

Sabanci Renewables plans to design and build a solar project and an energy storage facility in Texas. 


Magazine Cover Image
Will the Zimbabwe Gold, or ZiG, restore currency confidence?
19th April 2024 By: Martin Zhuwakinyu

The heightened sense of urgency within Zimbabwe’s government to act as the country’s currency crashed – losing 90% of its value since the beginning of the year – was there for all to see in the... 


World Bank, AfDB seeks to provide more Africans with electricity by 2030
18th April 2024 By: Sabrina Jardim

The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030.  The World Bank Group will work... 


Kenhardt solar farm, in Northern Cape
Scatec inaugurates 540 MW Kenhardt solar farm
18th April 2024 By: Marleny Arnoldi

Norwegian renewable energy company Scatec has inaugurated the 540 MW Kenhardt solar farm in the Northern Cape. In his keynote address at the event, on April 18, CEO Terje Pilskog commended how... 


Infrastructure Africa Launches Projects Dealroom
Infrastructure Africa Launches Projects Dealroom
18th April 2024

A Revolutionary Platform for Infrastructure Investment Infrastructure Africa, a leading African business event dedicated to fostering infrastructure development across the continent, is proud to... 


Together with large-scale procurement, rising rooftop solar installations are offering greater market stability that could stimulate local manufacturing
Private renewables procurement may mitigate boom-bust cycles curbing South Africa’s green industrialisation
18th April 2024 By: Terence Creamer

The combination of public and private procurement of large-scale renewables in South Africa signals increased stability for manufacturers of key components, a new GreenCape report argues. Published... 


Election posters
Goldman says South African market ‘tough’ before election
18th April 2024 By: Bloomberg

South African investors are holding off on big moves before the vote next month, Goldman Sachs Group said, as the elections shape up to be the most pivotal in 30 years. Assuming the vote is... 


Aluminium Alloy Junction Boxes ideal for urban installations
18th April 2024

Aluminium Alloy Electrical Junction Boxes from leading electrical termination manufacturer Pratley can be used in multiple applications in urban areas to distribute and connect cables. Some... 


Green economy surge pushes 2023 silver industrial demand to new highs
Green economy surge pushes 2023 silver industrial demand to new highs
18th April 2024 By: Mariaan Webb

Building upon the momentum of 2022’s surge in silver consumption for industrial applications, 2023 saw yet more record-breaking industrial demand, reaching 654.4-million ounces, fuelled by the... 


Joint report on the main roadmaps for aviation to reach net-zero emissions released
18th April 2024 By: Rebecca Campbell

The ‘Aviation Net Zero CO2 Transition Pathways Comparative Review’, which is a joint initiative of the International Air Transport Association (IATA – the global representative body for the airline... 


Optimising green hydrogen production with technology advancement
Optimising green hydrogen production with technology advancement
18th April 2024

By Hennie Colyn at Schneider Electric A recent Markets and Markets research report Green Hydrogen Market, Industry Size Forecast Report  outlines that the segment is set to reach USD 7,314 billion... 


Equatorial Guinea President Teodoro Obiang Nguema Mbasogo
Africa’s oldest oil-rich dictatorship has a succession problem
18th April 2024 By: Bloomberg

Two South African engineers working in Equatorial Guinea’s offshore oil fields were preparing to return home in February 2023 when they were arrested for cocaine trafficking and thrown in jail,... 


SLG positioning company to aggregate South Africa’s LNG market
SLG positioning company to aggregate South Africa’s LNG market
18th April 2024

South Africa faces a gas supply issue from about mid-2026, and liquified natural gas (LNG) is the only viable solution for the country’s existing gas industry which is reliant on large scale,... 


Justin Trudeau
Trudeau government urged to walk the talk on Canada's climate policies
18th April 2024 By: Reuters

Canada's federal budget on Tuesday unveiled few emissions-cutting policies, but climate advocates say the key for Justin Trudeau's Liberal government is to prioritise implementation of existing... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


Report questions role of CCUS in steel decarbonisation
17th April 2024 By: Tasneem Bulbulia

A new report by the Institute of Energy Economics and Financial Analysis (IEEFA) has shown that carbon capture use and storage (CCUS) is unlikely to play a major role in steel decarbonisation... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Joburg Water showcases its reservoirs
Joburg Water showcases its reservoirs
17th April 2024

Johannesburg Water has showcased some of the various reservoirs and systems that supply the City of Johannesburg with water. The water utility also outlined the challenges in operating the systems... 


Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


A copper smelter in Zambia
Zambia copper mines hit by State utility’s warning of power cuts
17th April 2024 By: Bloomberg

Zambia’s State power utility has served notices of force majeure on supply of electricity to some mines, according to an industry association, threatening additional pressure on a copper market... 


Image of a VW Polo
VW Africa laments power outages in ECape; Patel says Electricity Minister is tackling the problem
17th April 2024 By: Irma Venter

Volkswagen Group Africa (VWA) last week suffered four power outages at its Kariega plant, says VWA MD and chairperson Martina Biene. This happened while there was no loadshedding scheduled for the... 


An image showing key points from a GWEC report
Wind industry achieves record year, but more work required to reach renewables target
17th April 2024 By: Tasneem Bulbulia

The global wind industry installed a record 117 GW of new capacity in 2023, making it the best year ever for new wind energy, the Global Wind Energy Council (GWEC) states in its ‘Global Wind Report... 


1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe
1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe
17th April 2024

After two years of rapid growth totalling 57 per cent, igus was able to maintain its billion-euro turnover in 2023 despite the challenging global economic situation. In 2024, the company will... 


Gina Rinehart
Rinehart takes stake in Lynas Rare Earths, shares jump
17th April 2024 By: Reuters

Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday.... 


Codelco CEO vows to pursue community buy-in over lithium expansion
17th April 2024 By: Reuters

Chile's State-run miner Codelco has made progress in negotiating with local communities over lithium mining and will keep working to win their support, CEO Ruben Alvarado said on Tuesday, a day... 


A pipeline under construction in the hills of Appalachia
Canada to give Indigenous groups loan guarantees for resource projects
17th April 2024 By: Reuters

Canada will provide up to C$5-billion in loan guarantees to help Indigenous groups invest in natural resource projects, the Liberal government said in its annual budget on Tuesday. The program... 


Cape Town technology enterprise incubator celebrates birthday with launch of new products
16th April 2024 By: Rebecca Campbell

Cape Town-based ‘techpreneur’ incubation hub The Creative Lab has announced that it would mark its first anniversary with the launch of a diverse array of cutting-edge products, developed by a... 


A person using candles during power cuts
Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa
16th April 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential... 


Image of Cyril Ramaphosa
PSA advises Ramaphosa to delay signing NHI Bill into law
16th April 2024 By: Thabi Shomolekae

Given the uncertainty surrounding the political landscape after the May elections, the Public Servants Association (PSA) has advised President Cyril Ramaphosa to delay the signing of the National... 


R-LNG via the ROMPCO pipeline a viable alternative for SA industrial customers
R-LNG via the ROMPCO pipeline a viable alternative for SA industrial customers
16th April 2024

Regasified Liquid Natural Gas (R-LNG) transported via the existing the Republic of Mozambique Pipeline Investments Company (ROMPCO)’s Mozambique to Secunda Pipeline (MSP) is a viable alternative... 


China's March coal output slumps on high stockpiles, lower demand
China's March coal output slumps on high stockpiles, lower demand
16th April 2024 By: Reuters

China's coal output fell 4.2% in March, statistics bureau data showed on Tuesday, as miners cut back production on lower demand from power generators and ample inventories of the fuel limited... 


Businesses can conquer power quality challenges with expert consultative services
Businesses can conquer power quality challenges with expert consultative services
16th April 2024

By Wesley Govender, Power Quality Product Application Expert at Schneider Electric Due to the instability of South Africa’s energy market, characterised by frequent fluctuations and disruptions,... 


Southern African Geophysical Association conference to address critical materials supply
16th April 2024

The age of the fourth industrial revolution (4IR) has presented specific challenges to the extractives community as they seek to maintain the supply of critical material inputs to realise and power... 


Vale surpasses 100% renewable energy target in Brazil two years ahead of schedule
Vale surpasses 100% renewable energy target in Brazil two years ahead of schedule
16th April 2024 By: Mariaan Webb

Mining giant Vale has exceeded its target of reaching 100% renewable energy consumption in its Brazilian operations, accomplishing this milestone two years ahead of schedule. The announcement,... 


Codelco aims to land partner for Maricunga lithium by next year
Codelco aims to land partner for Maricunga lithium by next year
16th April 2024 By: Reuters

Chile's State-run miner Codelco plans to select a partner for a future lithium project in one of the country's top salt flats, Maricunga, in the first quarter next year, Chairman Maximo Pacheco... 


Bridge disaster in Baltimore gets FBI criminal investigation
15th April 2024 By: Bloomberg

The FBI has opened a criminal investigation into what occurred on the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse, according to a person familiar... 


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