R/€ = 17.20 Change: -0.17
R/$ = 14.54 Change: -0.15
Au 1804.31 $/oz Change: -10.50
Pt 1009.29 $/oz Change: -42.21

Press Office - Afrox Gas


Biden set US goal of 50% clean cars as carmakers ask for help

By: Bloomberg     5th August 2021 President Joe Biden plans to call for half of all vehicles sold in the US to be emission free by the end of the decade, an ambitious goal that automakers say can only be achieved with a bigger government investment in charging stations and other infrastructure. Biden will be joined at the White... 

Pairing renewables with gas offers fastest pathway for SA’s decarbonisation

5th August 2021 Acombination of renewable energy and gas power will be the fastest and most cost-effective pathway to decarbonise South Africa’s electricity industry, the CEO of GE’s Gas Power business in sub-Saharan Africa asserts. 

Australia resource exports deliver new record

By: Esmarie Iannucci     5th August 2021 The Australian Bureau of Statistics (ABS) on Thursday announced a trade surplus of A$10.4-billion in June, up A$1.2-billion on the surplus recorded for May, while the resources sector has set new records for total export value and a range of mineral commodities in the 2020/21 financial year.... 

Piracy surge in atlantic a boon for South African boat builder

By: Bloomberg     4th August 2021 A proliferation of pirate attacks in the Gulf of Guinea, an expanse of the Atlantic Ocean stretching from Senegal to Angola, is driving a security-boat building boom in South Africa. Paramount Maritime Holdings, a unit of Africa’s biggest privately owned arms-maker, Paramount Group, says it has... 

Green hydrogen has significant growth potential as a zero-carbon fuel, says the WPIC

By: Simone Liedtke     4th August 2021 Energy company Siemens Gas and Power estimates that, by 2050, hydrogen demand will have risen to over 450 megatons a year, be dominated by green hydrogen and be essential to achieving global decarbonisation. Hydrogen demand is currently at between 70 and 80 megatons a year and over 90% of... 

Community group to take PTM to court over land-related issues

By: Marleny Arnoldi     4th August 2021 The Mining and Environmental Justice Community Network of South Africa (MEJCNSA) and community representatives have submitted an application to the Polokwane High Court against Waterberg Joint Venture (JV) Resources, which is majority owned by TSX- and NYSE-listed Platinum Group Metals (PTM).... 

Anglo partners with German firm to decarbonise steelmaking

By: Marleny Arnoldi     4th August 2021 Diversified miner Anglo American has signed a memorandum of understanding (MoU) with German steel product manufacturer Salzgitter Flachstahl to collaborate on decarbonising of the steelmaking industry. The companies will conduct research into feed materials, including iron-ore pellets and lump... 

Africa needs to spend $15.7bn on refineries to curb emissions

By: Bloomberg     4th August 2021 African nations need to spend about $15.7-billion on their refineries to curb emissions and meet climate-change targets as demand for oil and gas surges, according to an industry lobby group. Governments on the continent should focus on reducing sulfur levels in petroleum products because... 

Alrosa takes actionable steps to ensure it meets ESG goals

By: Marleny Arnoldi     4th August 2021 Russian diamond miner Alrosa has published a three-year action plan for its comprehensive 2021 to 2025 Sustainability Programme. The company is focused on increasing responsibility and transparency across its diamond mining and production operations, as well as reinforcing consumer confidence.  

Renergen inks multiple conditional helium sales agreements for its Virginia project

By: Simone Liedtke     4th August 2021 Domestic natural gas and helium producer Renergen has inked multiple conditional helium sales agreements from its planned Phase 2 plant at the Free State-based Virginia gas project. Following the company’s maiden sales agreement in April for Phase 2 helium, Renergen has further secured three... 

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