Adding value to minerals is just a dream without cheaper electricity
Minerals & energy minister Gwede Mantashe acknowledges electricity prices and constraints will mean SA continues to export raw minerals
24 September 2019 - 20:14
Until SA has sorted out its electricity prices and constraints, beneficiation, which is the upgrading of the value of mined minerals, will happen offshore, says mineral resources & energy minister Gwede Mantashe.
While not being drawn into debating the merits of the economic strategy blueprint released by the Treasury at the end of August, which argues for a change in thinking around beneficiation, Mantashe concedes that electricity-intensive processing of minerals is deeply problematic...
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