Glencore Operations South Africa has signed a 20-year deal with Discovery Green to supply renewable power at four of its major mines.
Starting in 2027, Discovery Green will supply renewable energy to the Goedgevonden, Tweefontein, and iMpunzi mining operations located near eMalahleni in the Nkangala District in Mpumalanga.
This partnership is anticipated to greatly reduce Glencore’s direct carbon emissions.
Head of Discovery Green Andre Nepgen said the deal is a significant step toward growing South Africa’s green economy.
Nepgen said they are excited to support Glencore, a major player in South Africa’s economy, on their journey towards renewable energy.
“This deal is one of the largest renewable energy trading agreements in the country and the first solution we’ve co-designed with an offtaker to dynamically adjust supply as their strategy and operations evolve.
“It’s a new model for the mining sector that can be replicated across other industries – offering cost savings, long-term price certainty and a clear path towards a low-carbon future.”