R/€ = 17.58 Change: 0.00
R/$ = 15.52 Change: -0.01
Au 1811.89 $/oz Change: -0.39
Pt 978.18 $/oz Change: 9.18


Eskom sustains 20.5% request despite big updates to cost assumptions 

By: Terence Creamer     18th January 2022 State-owned electricity producer Eskom has submitted major updates to the cost assumptions included in its latest allowable revenue application but has nevertheless sustained its request for a 20.5% tariff hike for its upcoming 2022/23 financial year. In a presentation delivered on the second day... 

Indonesia says 48 coal vessels so far released for export

By: Reuters     18th January 2022 Indonesia has so far allowed 48 coal export vessels to depart, a senior Trade Ministry official said on Tuesday, although the country's broader coal export ban remains in place until the end of the month. 

Eskom starts intensive maintenance programme at Koeberg Unit 2

By: Marleny Arnoldi     17th January 2022 Power utility Eskom has advised that Unit 2 of the Koeberg nuclear power station was taken offline on January 17 for refuelling and a five-month maintenance outage, which may strain overall electricity supply in the country. The exercise will see the unit’s three steam generators replaced. The... 

IEA sees South Africa’s 100 MW reform offering some short-term supply relief 

By: Terence Creamer     14th January 2022 South Africa’s new policy allowing power plants smaller than 100 MW to connect to the grid for self-consumption and sell power into the grid without applying for a generating licence may help address capacity issues in the short term, the International Energy Agency (IEA) states in a new report.... 

Kenmare sets new records with 2021 production, injury rate, shipments

By: Donna Slater     13th January 2022 LSE-listed titanium minerals and zircon producer Kenmare Resources increased its 2021 production by 30% year-on-year, owing to a record 1.55-million tonnes being mined, and a 19% increase in ore grades to 4.63% as a result of wet concentrator plant (WCP) B’s relocation to the high-grade Pilivili... 

Formal launch of South Africa’s first green ammonia project on Tuesday  

By: Martin Creamer     12th January 2022 The formal launch of South Africa’s first green ammonia project takes place on Tuesday, against the background of the initiative having already secured an in-principle offtake agreement from a global player – a clear indication of the world’s ‘go green’ momentum. Hive Energy and BuiltAfrica –... 

Latest Russian nuclear-powered icebreaker enters service

By: Rebecca Campbell     10th January 2022 Russian nuclear-powered icebreaker operating company Atomflot has accepted into service its latest vessel, the Sibir. This is the second of the five Project 22220 icebreakers ordered by the company, from the Baltic Shipyard, in St Petersburg, Russia. The Project 22220 vessels are the largest... 

Chinese coal traders shrug off Indonesian coal export ban

By: Reuters     7th January 2022 Coal traders in China, the world's top consumer and importer of the fuel, are shrugging off a ban on coal exports imposed by Indonesia, saying utilities already hold hefty stockpiles with power demand set to weaken for the Lunar New Year holidays. Coal stocks at key Chinese utilities in coastal... 

Korean group preselected for major subcontracts on Egyptian nuclear power plant 

By: Rebecca Campbell     5th January 2022 Russian State-owned nuclear group Rosatom has selected South Korean group Korea Hydro and Nuclear Power (KHNP) to be the sole bidder for several major contracts for the El Dabaa nuclear power plant (NPP) in Egypt, World Nuclear News (WNN) reported on Tuesday. KHNP is a subsidiary of Korea... 

Eskom to release Mpumalanga land to catalyse investments in sub-100 MW renewables projects  

By: Terence Creamer     15th December 2021 Public Enterprises Minister Pravin Gordhan has announced that Eskom is preparing to release land in the coal-rich Mpumalanga province for sub-100 MW distributed electricity projects that can now be built without a licence and wheel electricity through the grid for self-consumption, or for sale to... 

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