We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

There is a level of pragmatism underneath the frustration felt by mining company executives towards Eskom. While the criticism levelled at Eskom’s board for its management of SA’s most critical business is unequivocal and the annoyance palpable, there is no stampede by mining company executives to remove themselves from the grid. The alternatives are expensive and unreliable in the case of renewable energy options. The size and cost of solar arrays to power mines and processing plants makes this option one that would need offtake for two or three decades. Years ago major mining companies such as Anglo American and Xstrata (now taken over by Glencore), which had large coal businesses, spoke to Eskom and the government about setting up independent power producers, putting electricity into the grid as well as securing reliable and cost-effective power for their energy intensive businesses like smelting and refining platinum group metals or producing ferrochrome. Those talks went nowher...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now